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Wall Street Banner Day

stock market
If today was the barometer, we’d be looking at a healthy stock market.  The Dow finished up 61 points today and the NASDAQ ended the day at 33 above yesterday.

The tech-heavy NASDAQ actually hit a 5 year high due to the overall excitement in internet companies.

However, don’t break out the champagne just yet…  Tuesday saw a HUGE sell off as a response to the Fed’s assessment of the general economic indicators.  So, quite possibly, this was really just a correction of those sales.

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Posted on Wednesday, March 29th, 2006 at 8:38 pm In Stock Market Investing
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