Monday, July 31, 2006

Weekly Review (7/24/06-7/28/06)

Hi, Have Some Summer Funs!

All three of the indices finished firmly in positive territory for last week. The Dow easily managed a 3.2 percent gain. The SP added 3.1 percent. And the Nasdaq jumped 3.6 percent on the week.

The ups bring investors some hopes and made the charts a little better than ugly.

The markets heads into August with chronic uncertainties about the economy, interest rates, and oil prices. The new attacks in Israel and Lebanon, along with a United Nations ultimatum on Iran's nuclear program are the biggest unknown to us. With those “fear factors”, can anyone expect last week’s rally keep going?

I still think this week is for individual stocks. For few of them, if you think the price is very attractive, you can take a steak.

I would not to guess for the bottom. I rather wait to make sure the market is on its way back and then jump in. Its purpose is to avoid more risks. Therefore, for the regular none-aggressive investors, enjoy the summer is a better idea than headache on the market numbers. What do you think?

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