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

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Value Investing
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Wednesday, 27 March 2013

Dow posting a new high 14,559.65 Up 111.90(0.77%)

 
 
 
 
 
By: CNBC.com Writer
                
Stocks ended near their best levels Tuesday, with the Dow posting a new high and S&P 500 finishing less than 2 points from its closing peak.

Stocks moved higher on a handful of encouraging economic reports that pointed to an improving economy and as investors seemed to temporarily overlook worries in the euro zone.
 
 
The Dow Jones Industrial Average soared 111.90 points, or 0.77 percent, to close at 14,559.65, led by Intel and Hewlett-Packard. The blue-chip index posted a new record close.

The S&P 500 jumped 12.08 points, or 0.78 percent, to finish at 1,563.77, less than two points from its closing high from 2007. The Nasdaq gained 17.18 points, or 0.53 percent, to end at 3,252.48.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, ended below 13.
 


1 comment:

  1. Hi Uncle8888,

    Dow is pushing new high. STI doesn't seem to follow suit.
    USA has trillions of debt. Any chance the great fall will come this year?

    ReplyDelete

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