Stock Rally today

By Funso Oke    
The stock market saw a lot of green today, with the NASDAQ and the Dow Jones seeing a lot of greens, it seem that the investors are now trusting the market, a the growth in the market today showed that investors are not doing a lot of selling. We have some strong market movers today the food industries, metal and electric companies, the financial firms and the airliners all gained points today.
Since the Dow is having its best days in weeks with over 2.8 percent higher today, should the market be worried because as we all are familiar with the market do fluctuate up and down. We hope the market is very much guided so that we may continue to see more green.

NASDAQ 2159.47 65.59 +3.13%

S&P 500 1060.27 32.21 +3.13%

Spain 1 vs Germany 0

      The German machine played like an amateur today, they are a goals scoring team and are know to humiliating their opponents with lots of goals, at least that is the type of bully they are at the South Africa World cup 2010. After they overcame the Argentina national team, many soccer fans thought it will be a easy win again Spain.
      Soon the semi final soccer game kicked off at 1: 30 Eastern time today, it was sure who the winning side may be, as the Spain possessed the ball in most of the game, they made the German machine look like they are an inexperienced team, if not that Spain missed a lot of chances to score, the game would have been a blown out but as we all expected, the best side came up with the win, puyol scored for Spain at the 73 minutes and Spain took the win and they will face Netherlands in the World Cup finals On Sunday.

Soccer and Government

If soccer has it's own governing body then why should the president of any country interfere?  this was the case with the Nigeria national soccer team. The president of Nigeria President Goodluck Jonathan suspended the Nigeria soccer team from participating in any international matches for two years because they failed to advance in the fifa world cup competition in South Africa. If you see this as a dictatorship governing, you are right, Only in Nigeria will such ridiculous thing has been happening, where any person in the positing of authority is just so hungry to give orders with little chance to understand what exactly is going on. Since the FIFA intervened the president has reversed his other to lift the ban, Imagine if fifa kept quite? how long will we watch some nations continue to do things in the wrong way by suppressing those that has no power with their power ? 

BP Rally despite Oil leak problem

by Funso Oke
BP added to rally today despite all the oil leak problem, the market show BP saw some green today. A lot of people has thought of BP to be close to filling bankruptcy, as the country awaits and expect the oil company to be paying out a lot of funds  in lawsuits and claims. It seem it hasn't affected the company that much, is it that they have some funds in other company that they are using to cover up for the loses? We all don't know, but we know that BP has one of the smartest CEO in the world and we are sure that he is not going to just watch the  company go down under his care, so we will guess that BP has money somewhere in crude oil company or other well publicly traded company that will be making BP money for now.