New Chapter and Bear Market territory, still? Welcome everyone.

Recap:

"Stocks rallied modestly for most of Mon., but gave up gains in the final 40 minutes. The Nasdaq rose 0.1%, but the S&P 500 fell 0.1% and the Dow dipped 0.2%. Volume fell on both exchanges. M&A activity failed to give the market much of a lift. Several leading stocks lodged gains in solid trade, though farm stocks retreated. The 10-year Treasury yield fell 4 ticks to 3.83%"

"Oil prices jumped to an intraday record of $119.93 a barrel before settling up 23 cents at $118.75. A Scotland refinery strike and militant attacks in Nigeria have forced a cut in global output of nearly 1 mil barrels. Prices also gained as the dollar slipped ahead of the Fed's meeting. U.S. retail gasoline prices have now risen above $3.60 a gallon."

U.S. troops engaged in heavy street battles with Shiite militants, killing at least 45. Amid a sandstorm Sun., militants unleashed rocket and mortar fire on Baghdad's Green Zone and attacked a security checkpoint. Tank-backed U.S. forces struck back, driving deep into the hostile slum to try to secure the area closest to the Green Zone. Mortar attacks killed 3 U.S. soldiers in E. Baghdad."

-Investor's Business Daily

I will be restructuring, or developing for better words this blog into a short term daily and weekly market recap to add information from throughout the day such as, Market data, Currencies (Euro, Yen, USD, CHF, etc..), Bonds, Oil prices and other commodities, as well as much more information. Basically a daily recap, with long term goals of having analyst type newsletter, with information on Apple, POTASH, QQQQ, IWM, and SPY just to name a few. I will include technical and fundamental analysis and I do plan to incorporate overseas data, since we are a "global economy" from other markets such as Hang Seng from Hong Kong, Nikkei 225 from Tokyo, DAX in Germany, FTSE and others.

This blog will also include International Monetary Fund facts, research, articles and information (imf.org), so, we can get a picture on trade and exchange, as well as interpret their forecasts of growth, inflation, output and supply and demand data.

I will be posting other information as it is necessary for all to read. It will range from FOMC meetings, $120 oil, President Bush announcements, Bernankes speeches, quotes from the Times, WSJ, IBD or Financial Times, to name a few...now I just hope that I can get the time, I mean, I do have the time, but now, I am looking for a job, in the Financial sector, and as we all know, it is very tough right now. But, we are only as good as the challenges that we take (Prof James Holmes, Economist, University at Buffalo, told me that and I have never looked back), therefore, let the games begin and we will turn crisis into opportunity.

Did I mention, I am graduating next weekend from college. This is why I guess I am coming back to my blog, I have so many things written down, all over the place, literally my walls, hundreds of books, newspapers, word documents and such, that I think its time to turn hydrocarbons into liquid form, maybe even lite and sweet "crude" if you shall prefer. I want to give back, while stay persistent and motivated to learn, develop and grow each and everyday. A Long will come the new opportunity, and right now, or after graduation, it's time I start trying to sell "Me, Inc." and start a new chapter in my life.

Anyone see Intrepid Potash's initial public offering the other day, 50% in one day...I saw it, told my friends about it the week before and I did clip the article out of Investor's Business Daily the following day to show my kids one day(if I ever have any) that I have made some decent choices in life, LOL.

Maybe all of this doesn't make sense, maybe it will never make sense, I hope all who I will meet in the future, as well as all who I never meet, enjoy this blog and use it to their benefit, as soon I get in rolling with more financial information. Posts will be random, and will include most up to date and informed material, but I assure you, I won't waste a minute of your time because I realize how valuable time is.

MPM