Wednesday, March 31, 2010

Dow Chart March-03-31-2010 "a" 03312010


Research In Motion Ltd., maker of the BlackBerry, reported fourth-quarter sales and shipments that missed analysts’ estimates and said its profit margin will shrink this period. The shares slid 11 percent in late trading.
"a" = drop about 50 points.

Tuesday, March 30, 2010

Dow March-30 Flat "033010"


Consumers in the U.S. gained confidence in March as the gloom over job prospects began to lift, indicating employment will be central to preserving the recent acceleration in spending.
The Conference Board’s confidence index rose to 52.5, exceeding the median forecast of economists surveyed by Bloomberg News, from 46.4 in February, according to figures today from the New York research group. Home prices unexpectedly rose in January for an eighth month, data also showed.

Monday, March 29, 2010

Dow Chart March-29-2010 "a" 03292010


Stocks and commodities gained as the dollar and the yen fell against the euro as signs of economic recovery sparked demand for higher-yielding assets. Oil rose the most in more than five weeks.

The Standard & Poor’s 500 Index rose 0.6 percent at 4:12 p.m. in New York to extend its gain since Dec. 31 to 5.2 percent, poised for its best first quarter since 1998. The MSCI World Index of 23 developed nations’ stocks climbed for a third day, advancing 0.6 percent, and the MSCI Emerging Markets Index increased 1.2 percent. The S&P/GSCI Index of commodities rose 2.3 percent, the most since Feb. 16. Crude rallied 2.7 percent.
"a" stock up about 50 points

Friday, March 26, 2010

Dow the Bull

Dow Chart "flat" 03262010


RadioShack Corp. jumped 8.5 percent on a report that the electronics chain is considering a sale of the company. Apple Inc., Progressive Corp., Urban Outfitters Inc. and SLM Corp. advanced after analysts either raised price targets or lifted their ratings on the shares. Benchmark indexes retreated from their highs of the day after an explosion sank a South Korean navy ship near a disputed border with North Korea.

Thursday, March 25, 2010

Dow March 25-2010 Flat 03252010


The euro traded near a 10-month low versus the dollar after European Central Bank President Jean- Claude Trichet said that aid for a euro-area nation from any outside group such as the International Monetary Fund is “very, very bad.”

Wednesday, March 24, 2010

DOW Chart March-24-2010 "a-" 03242010


Treasuries, the euro, stocks and commodities slid as a downgrade of Portugal’s debt and weaker- than-forecast demand in a U.S. bond auction added to concern governments will struggle to fund swelling deficits.
"a-" around 50 points down.