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History…Repeats Itself, Repeats Itself, Repeats Itself

April 4, 2011

Good morning. The market continued its advance last week, with the SPY up 1.5% on the week to close at 133.15. This is the highest closing since March 3 of this year, before the shocks of the Japanese reactor issues and the Libyan conflict. Even though neither of those has shown any improvement the market has moved on.

Hog Heaven

December 20, 2010

Good morning. Even though the SPY had several minor up days last week, as the market continues its gradual but steady rally, it actually closed down 18 cents to finish at 124.30. This is due to the 60-cent dividend that came out on Friday morning.