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iPunter
Supreme |
07-Feb-2007 23:54
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Dow is UP ... +33pts |
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iPunter
Supreme |
07-Feb-2007 22:31
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Still waiting for Billywows... :) |
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billywows
Elite |
07-Feb-2007 00:21
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billywows
Elite |
07-Feb-2007 00:10
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Bernanke will discuss economic well-being in Omaha in the early afternoon. Moskow will speak at 1 pm (2am S'pore Time) Eastern and Yellen will review the Asian financial crisis of the late 1990s at 3.30 p.m (4.30am S'pore Time)Eastern.
Dow down 5 points and Nasdaq down 8 points now .... FLAT!
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iPunter
Supreme |
06-Feb-2007 22:16
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Great post, as usual ... :) |
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billywows
Elite |
06-Feb-2007 21:39
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billywows
Elite |
05-Feb-2007 23:44
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Dow up 8 points and Nasdaq down 1 point now ... Flattish Mixed! Think it' a Flat day!? |
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billywows
Elite |
05-Feb-2007 23:04
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U.S. Jan. ISM services 59.0% vs. 56.7% December
U.S. Jan. ISM services 59.0% vs. 57.0% expected
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billywows
Elite |
05-Feb-2007 23:01
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Dow down 17 points and Nasdaq down 4 points now ... Flat day! |
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billywows
Elite |
05-Feb-2007 22:47
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US market swinging up after opening flattiah down. Dow up 1 point and Nasdaq up 4 points now ... |
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billywows
Elite |
05-Feb-2007 22:29
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MARKET SNAPSHOT NEW YORK (MarketWatch) - U.S. stocks are headed for a lower opening Monday as investors assess recent gains, but Wal-Mart Stores is likely to trade higher after the retail giant gave a preliminary same-store sales report that exceeded a prior forecast.
In the financial sector, State Street Corp. agreed to buy Financial Services Corp.for about $4.5 billion in stock.
The futures contract for the Dow Jones Industrial Average last was down 14 points at 12,675.
The S&P 500 and the Nasdaq 100 were 2 points lower at 1,451.10 and down 1.2 points at 1,806.0.
U.S. stocks closed mixed Friday but chalked up gains for the week. A weaker-than-expected January employment report eased investor concern about inflation but weighed on economically-sensitive stocks on the Dow Jones Industrial Average.
A sense of caution should prevail at Monday's opening, although investors remain encouraged that the Dow Jones Transports, which had been lagging the Dow industrials, on Friday set a new high. The Russell 2000 also set a fresh record.
The new high in the Dow Jones transportation stocks confirmed the Dow industrials' recent gains, according to followers of the Dow Theory.
"The averages saw confirmation from both the Russell 2000 and the Dow Jones Transports," said Marc Pado, chief U.S. market strategist at Cantor Fitzgerald.
"These intermediate to long-standing divergences had weighed on sentiment," Pado said. "However, they joined the party last week, confirming a continuation of the bull market in 2007."
The data highlight of the day will be the Institute for Supply Management's non-manufacturing index for January, which is due at 10 a.m. Eastern.
The MarketWatch forecast, based on a poll of economists, is for a headline reading of 57.0%, which would be slightly higher than the 56.7% reading produced in December.
In pre-market electronic trade, shares of Wal-Mart Stores Inc. rose 1.3% to $48.69. Over the weekend, Wal-Mart gave a preliminary estimate for a 2.2% rise in comparable-stores sales for January, beating the retailer's prior forecast for a gain of 1% to 2%.
The news wasn't all good. The world's biggest retailer also said same-store sales rose 2% on the year - its lowest annual growth rate in 25 years.
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billywows
Elite |
03-Feb-2007 22:11
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---------------
MARKET SNAPSHOT
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billywows
Elite |
03-Feb-2007 06:56
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MARKET SNAPSHOT "Some pull-back isn't too surprising after the two strong days we've had," said Ken Tower, chief market strategist at CyberTrader. "It's the end of the week, so short-term traders are trying to catch some profit."
The Dow closed down 20.19 points at 12,653.49, weighed down by recent gainers such as Alcoa Inc., Boeing Co. and 3M Co.. The blue-chip average advanced 1.3% for the week.
Meanwhile, the S&P 500 index finished up 2.45 points at 1,448.39, and took a 1.8% gain for the week.
The tech-heavy Nasdaq Composite rose 7.50 points to 2,475.88 and registered a 1.7% weekly advance. Even Microsoft Corp., which was upgraded by Banc of America to a buy rating, fell 1.1%.
"The outlook for investors has changed from how quickly will the Fed ease to how robust will profit growth be while the Fed leaves rates unchanged," Tower said.
Crude oil futures reversed early losses and rallied $1.78, or 3.1%, to close $59.08, scoring a 6% advance for the week. -------------------
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billywows
Elite |
03-Feb-2007 01:30
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US market recovering! Dow down 7 points and Nasdaq up 6 points now ... Think it will be a Flat day. |
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billywows
Elite |
03-Feb-2007 00:46
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Dow down 22 points and Nasdaq up 4 points now ... ---------------------- NEW YORK (MarketWatch) -- U.S. stocks were mixed on Friday, as a weaker-than-expected January employment report further eased investor concern about inflation, while it weighed on economically-sensitive stocks on the Dow Jones Industrial Average.
"Some pull-back isn't too surprising after the two strong days we've had," said Ken Tower, chief market strategist at CyberTrader. "It's the end of the week, so short-term traders are trying to catch some profit."
The Dow was down 7 points at 12,666, weighed down by the likes of Alcoa Inc. and 3M Co.
Meanwhile, the S&P 500 index gained 2 points to 1,447, while the tech-heavy Nasdaq Composite rose 7 points to 2,476. In addition, General Motors Corp. fell 1.2% after it reported a big drop in January sales on Thursday.
"The outlook for investors has changed from how quickly will the Fed ease to how robust will profit growth be while the Fed leaves rates unchanged," Tower said.
Even Microsoft Corp., which was upgraded by Banc of America to a buy rating, treaded water.
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Simonloh
Member |
02-Feb-2007 02:20
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Hi Billywows, Good Job ... ! Simon Loh |
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billywows
Elite |
01-Feb-2007 23:47
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Suddenly turns Shiok again .... Dow up 43 points and Nasdaq up 8 points now ... |
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billywows
Elite |
01-Feb-2007 23:32
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Think ISM data leading US market lower! Dow up 20 points and Nasdaq up 5 points now ... |
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billywows
Elite |
01-Feb-2007 23:07
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Dow up 25 points and Nasdaq up 13 points now ... ISM MANUFACTURING GAUGE SLIPS TO 49.3% IN JANUARY, INDICATING CONTRACTION
U.S. Jan. ISM manufacturing index below 52.0% consensus U.S. Jan. ISM manufacturing index 49.3% vs 51.4% in Dec.
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billywows
Elite |
01-Feb-2007 22:53
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DOW INDUSTRIALS ESTABLISH YET ANOTHER RECORD HIGH ON EARLY GAINS
Dow up 40 points and Nasdaq up 15 points now ...
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