The Final Day of 2005

We’re coming down the wire, and the Dow is inches away from where it was one year ago. The Dow closed out 2004 at 10783.01. Yesterday, the index finished 10784.82. So in one full year, we’ve moved less than two points. The S&P 500, however, is up about 3.2% for the year, not including dividends. Small- and mid-cap stocks have done better than the large stocks.
Yesterday, the S&P 500 dropped 0.30% and our Buy List gave back 0.31%. The market is down this morning.
The New York Times has an interesting article on Intel (INTC). The company is planning a major shift in strategy by focusing on the consumer. Business Week has more.

Posted by on December 30th, 2005 at 10:11 am

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.