Category Archives: Stock Market

The Crash of 1929

As described by the PBS television show, American Experience:
In 1929, while the stock market was rising, seemingly without limits, there were few critics. Based on eight years of continued prosperity, presidents and economists alike confidently predicted that America would soon enter a time when there would be no more poverty, no more depressions — a [...]

Chico’s FAS

It’s stock price just reached my limit order for Chico’s FAS (CHS) at close of market. I now own 1000 shares at $1.75/share.
I’ve been following CHS, and the apparel sector, for a few years. As a matter of fact, it’s been almost one year since my first post about CHS and about six months [...]

Uwharrie Capital Corporation

I just added to my position in Uwharrie Capital Corporation (UWHR) today. I bought another 500 shares at $3.20/share.

Uwharrie Capital Corporation is a microcap three banking system located in the Uwharrie Lakes Region of North Carolina, located east of Charlotte. It’s headquartered in Albemarle, NC.
I originally wrote about UWHR back in 2006, when Guzzo the [...]

Weekly Wrap-up

The various weekly reviews that I usually read are looking pretty bleak right now. According to Vanguard’s Economic Week in Review:
This week showed no signs of a healing economy. Shaken by accelerated job losses, consumers continued to cut back on spending, bringing retail sales to their lowest level in more than 20 years. The U.S. [...]

Halloween on Wall Street

Haunting Wall Street: The Halloween Terminology Of Investing

Stock Market Retrace

Source: Cartoons by Harley Schwadron
The Dow dropped 733.08 points, or 7.9%, to 8577.91 as recession fears and continuing doubts about the world financial system’s prospects shook investors. Wednesday’s decline marked the Dow’s largest percentage drop since October 1987 and the second-biggest point drop EVER!
Economic Fears Reignite Market Slump

Stock Market Rebound

Source: Cartoons by Harley Schwadron
The stock market rebounded today with it’s biggest one-day point gain, EVER! All major US indexes and most Europe are up 11% across the board.
Dow’s 936-Point Surge Ends Losing Streak