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Showing posts from October, 2014

Shesa's OCTOBER 2014 INVESTMENT BLOG

                        26 October 2014 OCTOBER 2014 Investment Blog Shesa Nayak    U.S. Stock Market Commentary Hello and Welcome to my October investment blog. Apologize for little delay in publishing this month’s blog. Again, this month I do have a lot of updates so please read with patience. The DOW Jones closed last Friday at 16,805.41 , S&P 500 closed at  1,964.58 and NASDAQ closed at 4,483.72 points .   After a long time, the stock market had nearly 10% correction for NASDAQ, S&P and DOW Jones. But last week the stock market roared back and gained some significant lost ground. But commodity prices, oil, gold, silver, copper etc. have been hammered hard due to strong US dollar, lackluster European economy and mediocre growth in China. Under such circumstances having some cash on hand may be very handy. I feel we could see a botto...