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Life Diversity

Diversify Your Life, Investments, & Business

The markets were mixed today as investors were on edge fearing some sort of anniversary terrorist attack and wavering comments from the Federal Reserve regarding whether or not they would cut interest rates on Friday. The Dow Jones Industrial Average was up over 14.47 points with a gain of .11 percent for the day and the NASDAQ was down 6.59 points with a loss of .26 percent for the day. My Apple Inc stock (AAPL) was up 3.75 percent for the day on news that Apple Inc had sold one million iPhones ahead of schedule. See people, I told you not to freak out about the price cut of the iPhone. Fortunately an apology from Steve Jobs and $100 credits (notice not refunds) for early buyers was made available to help the poor Mac users cope with their bad luck. The majority of my stocks were flat today despite a raised third quarter sales outlook from Intel. I am most surprised that Lowes (LOW) was up over 1% today as this stock is still down almost 12 percent for the year. I really should sell it but this 1% comeback has given me some renewed confidence in strength of this otherwise good company and it appears that there will now be a corporate buy back of stock which frequently helps a stock price climb. Also notable for the day was McDonalds stock (MCD) up 1.85 percent today (which I ate at yesterday) on news of McDonald’s jury selection for their pending court case. McDonalds has been making some good improvements to their restaurants and food in the last few months and the stock is up over 9 percent for the year although I do not agree with the cold way in which McDonalds is handling this sexual abuse case.

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