Good Day Today
Post viewed 696 times, 1 so far today
Any time we have stock markets rally like we experienced today, we can expect some good numbers from our investments. As the Dow had its biggest one-day increase in four years (283 points, or 2.09%), our wealth also got a boost with a number of stocks and funds posting 2.00+% gains, including:
- Blackstone Group (BX): 2.81%
- China Life Insurance (LFC): 2.70%
- Taiwan Semiconductor (TSM): 2.54%
- Tocqueville Gold Fund (TGLDX): 2.52%
- Powershares Global Water Portfolio (PHO): 2.41%
- CGM Focus Fund (CGMFX): 2.34%
- Procter & Gamble (PG): 2.23%
- Bank of America (BAC): 2.10%
- Nortel Network (NT): 2.02%
With the only exception being GreenTech, which dropped 2.11%. On paper, our investments added more than $8,000 in value. That, however, is only half of what we lost on February 27th, when the Dow tumbled 412 points.
Well, a 283-point rally is not something we can hope to happen very often. If you ask me, I’d rather have 56 points every day for five days than 283 points in one day. Who knows what will happen tomorrow.
If you enjoyed reading this post, please consider subscribing to my full RSS feed (What's RSS feed?). Or you can also choose to have free daily updates delivered right to your inbox.
Featured Financial Products
- Ready to buy stocks/ETFs with zero commission? Check out the Zecco review and try Zecco Trading to get 10 free trades/month.
- Seeking higher returns for your cash? Take a look at the latest interest rates from leading online banks and find out where to get the most for your money.
Check Out These Related Articles
- eBay $0.15 Insertion Fees Today Only
- Today Only: One Year Forbes Magazine Subscription for $3.56
- So the Total Number of Visitors Today is
- That Was Ugly
- Deal: 2GB Flash Drive for only $4.95 (or $9.95)
Trackbacks & Pingbacks
- Pingback by That Was Ugly | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing on July 26, 2007 @ 9:02 pm
3 Comments
Share Your Thouhgts
Your opinion matters. Please use the form below to share your thoughts on Good Day Today with us.Recent Entries
- Weekend Linkage - September 7, 2008
- American Express TrueEarnings Card $25 Bonus
- Unemployment Rate Reaches Five-Year High
- Chinese ADRs Monthly Update - August 2008
- Commodities Make It and Commodities Break It
- HSBC Weekend Card
- August 2008 Score Card — Part I: Net Worth
- Weekend Linkage - September 1, 2008
- More Disturbing Facts on Banks
- Authorized Users Will Be Allowed in FICO Score Calculation
- Reminder: $70 TradeKing Bonus Still Available
- FDIC Problem Banks List Grew to 117 Last Quarter
- DollarSavingsDirect: A High Yield Version of Emigrant Direct
- Financial Tips for College Students
- WTDirect Terminates Promotion After Only Three Days
- Did You Miss These Freebies?
- Google Beijing Olympic Logos: How Google Celebrated the Event
- WaMu Promotion: 5.00% APY for 12-Month Online CD
- WTDirect Promotion: Up to $250 Sign-On Bonus
- American Eagle Gold Coin in Short Supply?
- Boy, Was I Wrong on FRE
- Avoid These Unhealthy Kid Foods
- Suze Orman FICO Kit 20% off Sale
- Poll: Do You Save in 401(k) Without Company Match?
- Weekend Linkage - August 17, 2008





Sun,
Great gains. If only this amount could be done every month
Yes, today was a good day. Hopefully, Asia and Europe will do well tonight and we get follow through on today’s rally. While the market has been choppy, I expect a good second half since we are going into an election year.
I had a good day too! Not really $8k, but respectable
I’m actually writing this the next day and it’s still quite nice. The market will seem to continue for a little bit since there are many people shorting which will eventually need to cover.