Has the Dow Stopped the Bleeding?
The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith discusses topics across the investing world.
In today's edition, Austin talks about why the Dow's been zigging and zagging today. The index opened higher in early trading but has fallen back to marginal gains for the day. Investors are hoping the market snaps its six-day losing streak and ekes out even a little win for the day. The big news that investors are tuning into today include Cisco's big losses, Ben Bernanke's lukewarm-but-still-positive assessment on the state of banking, and a few other big pops and drops.
Watching the broad market each day can be exciting, gut-wrenching, and stressful. If you're in the mood to pick up a great company to buy for the long term, though, The Motley Fool has created a brand-new free report: "The Motley Fool's Top Stock for 2012." It features a company hand-selected by the Fool's chief investment officer that has a strong future ahead of it. I invite you to take a copy, free for a limited time. Get free access now by clicking here.
At the time this article was published Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Bank of America and JPMorgan Chase. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.