Skip to Content

Tag Archives: Occidental Petroleum; OXY; Chevron; CVX; Wasatch-Hoisington U.S. Treasury Fund; WHOSX; American Century Target Maturities Trust – 2025 Portfolio; BTTRX; Treasury yield

October 28, 2005

It’s almost November, so it’s time for a rally! That may sound kind of simpleminded, but the herd mentality is very powerful on Wall Street. Toward the end of the year, fund managers with an eye on their bonuses tend to buy stocks, hoping to gain ground on the market averages. Some of that buying seems to have kicked in today, as stock prices jumped even though even though a top lieutenant to Vice President Dick Cheney was indicted by a federal grand jury.