Bulls In Charge
November 2, 2009 by MoneyElement · Leave a Comment
For how long thought? Driven strongly by Ford’s newly released profits of $1 billion, market is up over 70 points in the last half hour of trading. Investors were pleasantly surprised by strong reports on manufacturing and housing. Early this morning Dow was up as much as 146 points.
Read more here.
Market Update
October 29, 2009 by Magnifico · Leave a Comment
Market is still going strong:
DOW 159.61 (+1.63%)
NASDAQ 32.47 (+1.58%)
S&P 500 18.74 (+1.8%)
Market Update
October 29, 2009 by Magnifico · Leave a Comment
GDP helps markets to rally:
DOW 111.09 (+1.14%)
NASDAQ 30.4 (+1.49%)
S&P 500 14.98 (+1.44%)
Market Update
October 29, 2009 by Magnifico · Leave a Comment
After contracting 0.7% in the April-June period, third-quarter GDP increased by 3.5%. Also, Jobless Claims move lower to 530,000
Your First Move For Thursday October 29th
October 29, 2009 by Magnifico · Leave a Comment
Tim Seymour is short PetroChina (PTR)
Joe Terranova suggests long Qualcomm (QCOM)
Pete Najarian is long on Motorola (MOT)
Click here for more on your first move for today from CNBC’s “Fast Money”
Market update
October 29, 2009 by Magnifico · Leave a Comment
Asia markets moved lower following sell off in the U.S.; Europe managed to hold off big sell off; and futures are higher over here.
Economic Calendar 10/29/2009
October 29, 2009 by Magnifico · Leave a Comment
8:30 Advance Q3 GDP
8:30 Initial Jobless Claims
9:30 Hearing: Systemic Regulation
10:00 Q3 Housing Vacancies
10:00 Hearing: Impact of the Recovery Act on Economic Growth
10:30 EIA Natural Gas Inventory
12:15 PM Lawrence Summers speaks
1:00 PM Results of $31B, 7-Year Note Auction
4:30 PM Money Supply
8:40 PM Geithner Q&A
401(k) Comeback?
October 28, 2009 by Magnifico · Leave a Comment
Another “green shot” of economical recover may be the fact that the 401(k) match is making a comeback. Lets rewind to last year when during the crash and all that drama lots of major companies removed their 401(k) match due to cost savings. Now, due to some market corrections (we are definitely not out of [...]
Economic Calandar for 10/26/2009
October 26, 2009 by Magnifico · Leave a Comment
8:30 Chicago Fed’s National Activity Index
10:30 Dallas Fed’s Manufacturing Outlook
12:00 PM Chicago Fed’s Midwest Manufacturing Index
Economic Calandar for 10/23/2009
October 23, 2009 by Magnifico · Leave a Comment
8:10 Bair, Frank: Options for the Underbanked
8:30 Bernanke, Kohn: After the Fall
9:00 Gensler, Feinberg, Alvarez: Response to the Crisis
10:00 Existing Home Sales
