Stock Market Blog -Jun 26th

Lots of indecision in the markets this week. Seems like the Fed Chairman spooked the market on Wednesday, with a weak outlook on the US economy. The US Dollar rallied as the Euro dropped (not sure which came first!), while all other asset classes dropped, including Oil, Gold, and the S&P 500. Of course Bonds rallied as money looked for a safer place to hide.

New all time highs: SOLR -this solar company is rallying while all others are dropping!
Also BIIB, LULU


GOOG continues to drop as technology (XLK) tries to find a bottom in this downdraft.


Next week: (Economic reports link). Next week marks the end of the quarter -we could see some mutual fund window dressing affect the markets.

Market commentary: We are still trying to put in a bottom in the market -maybe after the quarter ends this week?

News: