Thursday, February 16, 2012

Greek Bailout Hopefully To Arrive Next Week

Well that is the hope. Then again the Greek bailout has been hemmed and hawed about over the past many weeks, with it being the center of all of the financial worry around Europe and by extension, the rest of the world. Greece seems to be in a very sketchy position and the problems for the country might not be out of the woulds.

Then again, the word "bailout" has become rather much another word for "super quick fix that will end up causing more damage." Only time will tell what will happen. Stock markets were up today, but we are far from out of the woods yet. One must wonder if we ever will be. We are clinging onto ever fading hope.

Stock Market Report 2/16/12

Stock market was up today back in the green. Hopefully the week will end up a rather high note. The S and P 500 once again reached brand new heights.

Dow Jones: 12,904.31(+123.36)
NASDAQ: 2,959.85(+44.02)
S and P 500: 1,358.05(+14.82)