Wednesday, July 23, 2008

Francisco de Goya Nude Maja painting

Francisco de Goya Nude Maja painting
Berthe Morisot Boats on the Seine painting
Fourth-quarter earnings are due out in the middle of the month. Warnings from some companies about those numbers have pushed stock prices lower, but the market could still react negatively to the actual results."My sense is that maybe if you can meet your fourth-quarter numbers, we'll be OK," said Nick Sargen, a market strategist for J.P. Morgan.There's also the January effect, the tendency of the market to rise at the beginning of the month as the previous tax year ends and investors stop selling stocks for tax purposes.But nothing is a sure thing.Although the consensus is that the Fed will lower interest rates at the end of

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