The Dow Industrial Average has fallen to last November lows, as investors sell and appear uneasy as to just how much the U.S. Stimulus Package will affect the current stagnant corporate and market situations-near term.
Thousands of laid off Americans wait anxiously to see how the recovery package and tax breaks will affect them and their way of life. Will the allotted credit and funds be enough to stave off possible bankruptcies for those in severe credit situations and will it be enough to help others that face losing their homes through foreclosure? Lets hope so. This ugly recession has got to get turned around soon.
| Weekly Market Wrap Up |
| MARKETS | This Week | 1 Week Ago | 1 Month Ago |
| Dow Jones | 7850 | 8280 | 8200 |
| TSX | 8678 | 9008 | 8920 |
| Nasdaq | 1534.36 | ||
| Venture | 925.64 | ||
| S&P | 826.84 |
| METALS | This Week | 1 Week Ago | 1 Month Ago |
| Gold | $941.50 | $914.30 | $927.30 |
| Silver | $13.62 | $13.50 | $12.56 |
| Platinum | $1,061.00 | $989.00 | $991.00 |
| Palladium | $216.00 | $213.25 | $193.30 |
| Oil & Gas | This Week | 1 Week Ago | 1 Month Ago |
| Oil | $37.51 | $40.17 | $35.91 |
| Nat Gas | $4.46 | $4.77 | $0.00 |
Best Performance Mutual Funds:
1 month: Precious Metals
3 month: Precious Metals
Worst Performance Mutual Funds:
1 month: Japanese Equity & Financial Services
3 month: Financial Services
My Portfolio Holdings:
50 percent investment - Creststreet Alternative Energy Fund
50 percent investment – Money Market Funds & Cash
Nothing too exciting at this time. Hope to make some moves soon from the money market and cash holdings.
…..Doug T
