Market is up This Week!
Posted on | July 1, 2011 | No Comments
The stock market ended up this week. I think it was a rouse to get everyone to enjoy their weekend. I’m not complaining though. Both the Dow and S&P 500 surged over 5% this week. I knew I should have bought some more stock last week. My biggest gain this week was in Visa (V). The debit fees were capped by the Fed at 21 cents a transaction. This caused V to climb 15% in a single trading day. I think it has given back some of the gains but I’ll take it! I keep reminding myself though that although the stock is up this week, I really would prefer for them to increase their dividend! I own about 25 shares so I think I’ll cash some of the shares next week if the price is right and cover my initial investment. I’ll keep the remaining shares forever!
Have a great 4th of July!
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