How long will the stock market last with this pace? As of now Wal-mart is up by 67 cents at $57.06. Now I can see why Wal-mart is going up, one stop shopping.
It seems that oil and gas companies are losing ground this morning. Murphy off by $1.42 at $92.46.
DJIA12,547.21
-1.14
NASDAQ2,474.90
-6.33
S&P 5001,382.75
-2.60
This stock market has held up under pressure better then I thought it would, but how long until it feels the effect of the economy? With the price of gas and people cutting down, the profits will fall along with the market. But one must take some risk with banks paying under 3% for CD's at this time.
5/28/2008
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