Friday, December 23, 2005

Lackluster Close

Not much in the way of fireworks today. Big surprise, right? Volume ran well below average levels. The action was all in bonds, as yields continued to drop, closing at 4.38%.

Homebuilding stocks were the big losers on the day, as new home sales plummeted in November. Retail stocks fared the best, probably since they have underperformed most recently.

That's about it, from my perch. Now I need to focus on my fantasy football championship game this weekend.

Happy Holidays to all!!


At 3:21 PM, Anonymous Anonymous said...

The yeild curve inverted you pump and dump artist. Market crash coming and I will laugh as your portfolio is whacked.


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