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DOW
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lookcc
Master |
23-Oct-2009 21:51
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patience. plenty opportunities 2 short. | |||||
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handon
Master |
23-Oct-2009 21:30
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short now... sure win....hehe... | |||||
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tedlim_me
Senior |
23-Oct-2009 08:11
Yells: "there is no equity in the equity markets" |
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WSJ: The Dow industrials seesawed across the 10000 level, as solid earnings from AT&T and McDonald's boosted shares, but the Nasdaq was held back by eBay's weak report. Gains were held in check by a drop in oil prices that weighed on energy and utilities stocks, and worse-than-expected weekly jobs numbers. Early Thursday afternoon in New York, the Dow Jones Industrial Average was up 49.35 points, or 0.5%, at 9999.76. The Standard & Poor's 500-stock index inched up 0.06%, to 1082.07, led by its telecom and financial sectors. The technology-oriented Nasdaq Composite Index was down 0.3%, at 2143.33. Online auctioneer eBay fell 5.4% after it reported a profit drop and issued disappointing fourth-quarter projections. Travelers led the pack, up 6.1% after it posted a third-quarter profit that more than quadrupled on lower catastrophic losses and improved investment returns. 3M, AT&T and McDonald's were up more than 2% each following their latest earnings reports, which beat Wall Street expectations. The dollar gained against the euro and yen, following its slump Wednesday. Quincy Krosby, chief investment strategist at Prudential Annuities, said the stock market is continuing to take its cues from the move in the dollar. Crude for December delivery was down 0.5% to $80.97 a barrel in midday trading on the New York Mercantile Exchange. Among the reports released Thursday, the Conference Board said its index of leading economic indicators increased last month, after a revised 0.4% gain in August. The Labor Department said initial claims for jobless benefits rose in the week ended Oct. 17. European markets Shares fell as investors got rattled after disappointing earnings reports from the technology sector and the prospect of China raising interest rates. The Dow Jones Stoxx 600 index dropped 1% to 246.59. The U.K. FTSE 100 index fell 1%, to 5207.36. The German DAX index lost 1.2%, to 5762.93, and the French CAC-40 index dropped 1.4%, to 3820.85. Telefon AB L.M. Ericsson fell 6.2% after the company said third-quarter net profit fell. Alcatel-Lucent, an Ericsson rival, fell 2.5%, and chip maker Infineon Technologies dropped 4.3%. Banks also were weak, with HSBC Holdings down 1.8% and Societe Generale down 2.3%. |
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ekekeg
Veteran |
23-Oct-2009 07:54
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iPunter
Supreme |
23-Oct-2009 01:50
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Dow is Good Boy! tonight... "Cheong Aaaarrrhhhh!!!"... |
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iPunter
Supreme |
22-Oct-2009 23:40
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Looks like the Dow is consolidating for further gains... Rising oil may mean people in the know can tell the economy will be good ahead... |
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eurekaw
Master |
22-Oct-2009 23:04
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Back to 10,000 again |
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MsAloevera
Member |
22-Oct-2009 22:08
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drop drop drop drop drop drop drop........ | |||||
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handon
Master |
22-Oct-2009 21:39
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cannot long.... sure lose... hehe.... | |||||
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tankuku
Master |
22-Oct-2009 09:10
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Very sure that STI will be positive today after so many days of consolidation. Vest and good luck. |
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Livermore
Master |
22-Oct-2009 07:35
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I agree. People are making the mistake of always looking at STI and not focussing on individual stocks
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risktaker
Supreme |
22-Oct-2009 06:22
Yells: "Sometimes you think you know, but in fact you dont" |
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DJ drop 1% damn but dont worry too much - STI might flat or even gain today | |||||
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smartrader
Elite |
21-Oct-2009 23:33
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monitor individual stock for target price correction for buyers.....indices correction may be less meaningful from now... | |||||
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iPunter
Supreme |
21-Oct-2009 23:32
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While people spend or waste their time doubting, the Dow may be quietly creeping up unnoticed... |
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dealer0168
Elite |
21-Oct-2009 23:23
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I'm still optimistic that STI will hit 2746 range. Cheers.
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dealer0168
Elite |
21-Oct-2009 23:21
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Emm but i don't thk the correction going to set in so soon. Maybe late next week................or at later date. Let continue monitor.. Cheers. |
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lookcc
Master |
21-Oct-2009 23:17
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m waiting for 20 % correction to begin buying....btw, as at now,dollar is up against euro, yen n gbp. | |||||
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dealer0168
Elite |
21-Oct-2009 23:05
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Stocks in U.S. Climb on Yahoo, Morgan Stanley Earnings; Dollar Declines | |||||
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lookcc
Master |
21-Oct-2009 22:58
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unemployment up, under-employment up, housing foreclosures up, consumer spending down.....trade with caution.
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handon
Master |
21-Oct-2009 22:47
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it means HUAT until cannot recognize home... hehe.... | |||||
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