As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Wednesday, 30 January 2013

DOW 13,954.42 Up 72.49(0.52%)



14,000 possible or not???






















                

Stocks closed higher on Tuesday as the Dow marched toward the 14,000 level and investors looked ahead to Wednesday's Federal Reserve policy announcement.

A gain in the energy sector following strong earnings from refiner Valero and big gains in the pharma sector after Pfizer's solid earnings report supported stocks.

The Dow Jones Industrial Average rose 72.49 points, or 0.52 percent, to close at 13,954.42, lifted by big gains in Pfizer and Verizon. Hewlett-Packard lagged. The Dow has not closed above 14,000 since October 17, 2007.

The S&P 500 gained 7.66 points, or 0.51 percent, to finish at 1,507.84, while the Nasdaq shed 0.64 points, or 0.02 percent, to close at 3,153.66 as disappointing earnings weighed on tech stocks.
  
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 13.

 

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