Saturday, April 11, 2009

Mortgage Rates April 10, 2009 4/10/09

The following is list of today's home mortgage rates as of April 10, 2009.

Mortgage Rates 4/10/09

15 year fixed rate - 4.702%
30 year fixed rate - 4.985%
1 year ARM - 3.948%
5/1 year ARM - 4.233%

Home Equity Line of Credit - 5.067%

The 30 year mortage rate went up slightly today.

Tuesday, March 10, 2009

Wall Street Report 3/10/09 March 10, 2009

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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Monday, February 23, 2009

Stock Quotes 2/23/09 February 23, 2009 - Stock Prices

Below is a list of Stock Quotes/ Stock Prices for some of the most followed stocks on Wall Street.
Stock Prices - 2/23/09 - 11am Est

General Motors - GM - $1.87 Up .07
Ford - F - $1.80 Up .22

Wal Mart WMT - $49.69 Down .33
General Electric - GE - $8.83 Down .55

Citigroup - C - $2.11 Up .16
Bank of America - BAC - $4.20 Up .41
American Express - AXP - $12.66 Down .31

Walt Disney - DIS - $17.35 Down .18
Home Depot - HD - $19.44 Down .02

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Biggest Stock Losers 2/23/09 February 23, 2009

Today, 2/23/09, the stock market is falling once again. Below are a few of the Top Stock losers in the Nasdaq, NYSE, and AMEX. This list also includes worst performing Penny Stocks.


Biggest Stock Losers - February 23, 2009

Humana ( HUM ) - $33.00 Down 18.50% - Humana downgraded by BMO Capital - Humana reaffirms 2009 profit outlook - Humana reaffirms 2009 outlook, voices concern over preliminary 2010 Medicare Advantage rates.

Huntington Bancshares ( HBAN ) - $1.20 Down 11.15% - Huntington begins job cuts outlined in plan - Downgraded by Citigroup.

Pimco High Income Fund ( PHK ) - $5.97 Down 10% - No News.

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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!!

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Sunday, February 15, 2009

California Earthquake 2/15/09 February 15, 2009

A small earthquake hit Central California Sunday February 15, 2009. The earthquake was 3.9 in magnitude. This earthquake stuck the locations below at 5:03 pm pacific time. There doesn't appear to be any damage associated with this California earthquake but it did shake up some people.

From USGS

Magnitude
3.9

Date-Time
Monday, February 16, 2009 at 01:03:38 UTC
Sunday, February 15, 2009 at 05:03:38 PM at epicenter
Time of Earthquake in other Time Zones

Location
35.304°N, 119.432°W

Depth
14.6 km (9.1 miles)

Region
CENTRAL CALIFORNIA

Distances

7 km (4 miles) W (275°) from Tupman, CA
11 km (7 miles) N (350°) from Valley Acres, CA
11 km (7 miles) NNW (335°) from Dustin Acres, CA
37 km (23 miles) W (261°) from Bakersfield, CA
176 km (110 miles) NW (322°) from Los Angeles Civic Center, CA

http://www.newsnewstoday.blogspot.com/

Colgan Flight 3407 Crash Update 2/16/09

There have been new details released tonight on the Continental Colgan Flight 3407 Crash near Buffalo on Thursday night leaving 50 people deceased.

- NTSB board member Steven Chealander, speaking to reporters today from Buffalo, says further review of the cockpit voice recorder (CVR) also shows that stick shaker and stick pusher, devices that attempt to prevent pilots from entering an aerodynamic stall, had activated after the upset.

- Chealander yesterday reported that initial review of the CVR showed pilots discussing "significant" ice build-up on the wings and windshield.

- De Icing equipment was engaged 11 minutes after takeoff from Newark

- The plane was flying on autopilot during the approach to Buffalo's airport ( until the stall warning kicked in ), some say in poor weather conditions like they had that night, the aircraft should have been flown manually.

Steve Chealander NTSB Comments:

“To say that they should not have been flying on autopilot is not correct,” Chealander said during a briefing held in Amherst, New York. “Thus far, we haven’t determined it was severe icing, it doesn’t seem like it was a severe icing event.”
The crew on the flight voice recorder reported “significant icing.” Chealander said investigators don’t know what that means. The term “severe icing” is an official designation. However, “significant icing” isn’t.

- Moments after last contact with Air Traffic Control, the plane started jerking in motion.... the nose of the plane went upward at 31 degrees followed by a quick 45 degrees down. The plane then rolled about 46 degrees to the left followed by 105 degrees to the right, putting the aircraft onto its side.

- Radar indicated the plane fell from 1,800 feet to 1,000 feet in 5 seconds - the last radar hit was received at 900 feet and the plane was travelling roughly 115 mph.