Wall Street is rallying today as Citigroup's CEO has come out and said the company is profitable through February 2009. This is a HUGE surprise that nobody expected!
Stock Market Indices - 11am EST March 10, 2009
Dow Jones Up 263
Nasdaq Up 64
S&P 500 Up 707
General Electric ( GE ) stock is up 16% to $8.60 after a CNBC stock market bottom call.
The Stock Market is surging today because of the above news, I continue to watch the 10 day moving average for the Dow Jones around 6844, if we close over this level, you could see a big move higher following today. Stay tuned!......
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
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Showing posts with label wall street report. Show all posts
Showing posts with label wall street report. Show all posts
Tuesday, March 10, 2009
Tuesday, February 17, 2009
Wall Street 2/17/09 February 17, 2009 NYSE
Wall Street is getting hit hard today, 2/17/09. Almost all stocks are down except a select few and most gold stocks.
Why is the Stock Market down Today?
- General Motors ( GM ) and Chrysler are back in Washington possibly needing more money.
- Japan reported over the weekend that their recession is worsening.
- Gold prices are soaring ( $965 )
- Bank Stocks around the world continue to fall
- Confidence in the new administration is falling ( ie, Timothy Geithner's Bank Rescue Plan disaster last week.
The Dow Jones is hovering around 7600, 100 points above a major support level of 7500.
The S&P 500 is at 795, 50 points above support at 740
Most say we are testing the Bottom and if it holds, Wall Street could see a big bounce. Stay tuned!!
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Why is the Stock Market down Today?
- General Motors ( GM ) and Chrysler are back in Washington possibly needing more money.
- Japan reported over the weekend that their recession is worsening.
- Gold prices are soaring ( $965 )
- Bank Stocks around the world continue to fall
- Confidence in the new administration is falling ( ie, Timothy Geithner's Bank Rescue Plan disaster last week.
The Dow Jones is hovering around 7600, 100 points above a major support level of 7500.
The S&P 500 is at 795, 50 points above support at 740
Most say we are testing the Bottom and if it holds, Wall Street could see a big bounce. Stay tuned!!
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Wednesday, February 4, 2009
Wall Street February 4, 2009 - 2/4/09 NYSE
Today 2/4/09, the stock market futures are bouncing due to the ADP employment report released at 8:15am. The ADP report showed a loss of 522,000 jobs in the private sector. This news is actually better then expected and you might see stocks rally today. The big number comes on Friday, Feb 6th, as the Government will release the real employment report. This employment report will include the unemployment rate and how many jobs the US lost in January. I will also be looking to see if they revise down the December report since Wall Street did not seem to believe the data.
Full Article Here
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Full Article Here
For More Stock Market Updates, visit , http://daytradingstockblog.blogspot.com/ or Subscribe for FREE
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