Between the lousy weather and the battered down stock market, it’s been a very mundane weekend.  I’ve taken to, in large part, ignoring the day to day happenings in the stock market, and I think I’m a bit more sane for doing it.

Blogging about many of the financial headlines these days doesn’t seem to interest me as much… Are we in a recession or not?  Who cares?

For the last week, I’ve been checking in on the overall market trends about once a day, versus once an hour or so.  My investments are tied up in fairly secure long-term, proven companies, so it’s not like I’m hunting for the straw that …

Things aren’t looking half bad in the stock market these days. The volume of the NYSE listed shares that rose in price is more than 94% of the total volume on that exchange, which means the chances are good you made some money today.

Those in the “know” call these 9-to-1 up days. Days where there is a drastic imbalance of shares trading up over shares trading down.

Martin Zweig worte in his 1986 book, “Winning on Wall Street” that “Every bull market in history, and many good intermediate advances, have been launched with a buying stampede that included one or more 9-to-1 up days.”

A bull market? Seriously?

Existing-home sales fell …

Last Friday marked the 20th anniversary of “Black Monday”, in which the Dow Jones slid 508 points.  What’s interesting about this is that many blamed the Monday slide in 1987 on a big sell-off on the previous Friday.

Well, since I’m a firm believer in the notion that history bears repeating itself, I’m currious as to what direction the market will take Monday morning, after the 360 point dumping the Dow took last Friday.

The market has been volatile, more so it seems than normal.  We’ve seen periods of 120+ point gains several days in a row, and then a major short period sell off.

Anyway, the financial news is abound with speculation …