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Dow at 11,000 on Friday April 9, 2010

Published on April 16, 2010 By admin

The Dow at 11,000? Can it be? The Dow almost hit 11,000 with a 70 points increase on Friday April 9, to close at 10,997. At this writing, the Dow crossed the magic 11,000 threshold. So we wanted to look into the Dow Jones Industrial Average (DJIA).
Since 2008, the Dow Jones Industrial Average has [...]

Southridge Capital Encouraged by Increased Household Spending

Published on April 5, 2010 By admin

Southridge Capital is encouraged by the increase in spending by Households in January (most recent numbers available) compared to spending in December 2009. In December 2009, the personal saving rate was 4.2%; January it was down to 3.3%. Who’s benefiting from this spending? We looked at the ten industries that are tracked [...]