third consecutive week stock price on rise

United States
July 7, 2011 8:37pm CST
That is the third consecutive weeks the stock market on the up side. Dow Jones and Nasdaq is on big win, and investors seems have so much confidence on the market right now. Is it a good sign for the future? Since the report on employment rate slightly improved, and the retail sales is going up according to the sales report lately. Even though the gas price is going up right now, people still go out and spend money. So, it mean the high price gasoline doesn't restrain people's momentum to spend money on this summer. Hopefully, that is good news for all of us.
1 person likes this
1 response
@bostonphil (4427)
• United States
8 Jul 11
I own a small amount of stock andI have had some winners and some losers. I have a small amount of money to invest but I am on the fence. I do not know if I should wait or invest now. While I do some research, no one really knows what to do. Every analyst has some wins and some loses just like me. I listen to Jim Cramer, the mad man himself, on CNBC as well as other programs on this station. I also listen to Fox Business. My on line broker is Scottrade and I get research and updates from them. I have also registered with other free sites. Last month, I finally decided to buy some stock that I had been watching. It was well recommended by all. I bought it at its all time high. As soon as I bought it, it began to go down and has never come back up. I bought it at $11 and change. It is now at $7 and change. I am holding on what I have but the question is should I now buy more?