Description:
Provided by Swing-Trading.com
Contents:
Market Review November 6, 2009
Labor Department reported 190,000 jobs were lost in October, economists expected a loss of 175,000 jobs, unemployment rates rose above 10% last month from 9.8% in September, this marks the first time since October 1983 that the rate was so high. Stocks fell today after yesterdays triple digit gains, the Dow Jones Industrial average rose 10 points, the Nasdaq rose 6 points and the Standard & Poor’s 500 Index rose 2 points. Bond prices also rose, the yield on the benchmark 10- year Treasury note fell to 3.49 from 3.53 Thursday, as gold prices soared past the $1,100 to mark record highs. Crude oil fell $2.19 to $ 77.43 a barrel along with the dollar, which fell against other currencies.
Free Daily Stock Picks activity and results for November 6, 2009:
NILE - position entry at 62.33, 1st Target Level hit for a gain of 0.93 points
SAPE - position entry at 7.75, 1st Target Level hit for a gain of 0.27 points
CROX - position entry at 6.35PM, 3rd Target Level hit for a gain of 0.38 points
HANS - position entry at 34.61, 3rd Target Level hit for a gain of 1.38 points
CSTR - position entry at 29.80PM, 1st Target Level hit for a gain of 0.45 points
RRGB - position entry at 16.24, 3rd Target Level hit for a gain of 0.81 points
-------
Signup and get instant entry alerts for the Free Daily Stock Picks at Zantrio.com
Market Review November 5, 2009
Labor Department reported that the number of Americans filing new claims for unemployment fell to 512,000 last week from 532,000 the previous week, economists expected 522,000 claims, on average. Continuing claims fell to 5.749 million from 5.817 million the previous week, economists thought it would fall to 5.750 million. Dow Jones Industrial Average rose 204 points, Nasdaq Composite Index rose 46 points, and the Standard & Poor’s 500 Index rose 19 points. Bond prices fell, the yield on the benchmark 10- year Treasury note rose to 3.52 from 3.51 Monday, the dollar also fell against the euro and the yen. Commodities were mixed crude oil fell as gold rose.
Free Daily Stock Picks activity and results for November 5, 2009:
THOR - position entry at 29.39, 1st Target Level hit for a gain of 0.44 points
CECO - position entry at 22.38, 2nd Target Level hit for a gain of 0.67 points
EPR - position entry at 33.80, 2nd Target Level hit for a gain of 1.01 points
MUR - position entry at 62.47, 3rd Target Level hit for a gain of 2.50 points
GDP - position entry at 25.83, 3rd Target Level hit for a gain of 1.03 points
VARI - position entry at 51.17PM, EOD price hit for a gain of 0.30 points
WFMI - position entry at 29.19PM, 3rd Target Level hit for a gain of 1.17 points
ALL - position entry at 28.53, 2nd Target Level hit for a gain of 0.86 points
-------
Signup and get instant entry alerts for the Free Daily Stock Picks at Zantrio.com
Market Review November 4, 2009
Stocks rose today after yesterdays losses as investor anxiously awaited the Feds comments from their 2 day meeting. Dow Jones Industrial reached triple digit gains today, but ended up gaining 23 points, the Nasdaq Composite index shed 2 points and the Standard & Poor’s 500 Index rose 0.09 point. Commodities such as oil and gold rose. Gold rose $2.10 to $1,087.00, nearing record highs of $1,100 an ounce. Crude oil rose $0.80 to the $80 level. As the dollar fell bond prices fell, the yield on the benchmark 10- year Treasury note rose to 3.52 from 3.47 Monday.
Free Daily Stock Picks activity and results for November 4, 2009:
BGFV - position entry at 16.45, EOD price hit for a loss of 0.53 points
INT - position entry at 55.26, 1st Target Level hit for a gain of 0.83 points
DVA - position entry at 57.71, 2nd Target Level hit for a gain of 1.73 points
STEC - position entry at 16.19PM, 3rd Target Level hit for a gain of 0.81 points
CRL - position entry at 34.92, 3rd Target Level hit for a gain of 1.40 points
TRLG - position entry at 23.95PM, 3rd Target Level hit for a gain of 0.96 points
-------
Signup and get instant entry alerts for the Free Daily Stock Picks at Zantrio.com
Market Review November 3, 2009
Factory orders rose 0.9% in September after falling 0.8% in August; economists expected it would rise 0.8%. Although factory orders rose investors couldn’t give stocks the boost they needed to continue the gains of yesterday. Dow Jones Industrial Average fell 28 points, the Nasdaq Composite Index rose 5 points and the Standard & Poor’s 500 Index rose 1 point. Bond prices fell, the yield on the benchmark 10-year Treasury note rose to 3.47 from 3.42 Monday, the dollar recovered some its losses as it rose against the euro and the yen. Commodities were mixed, crude oil rose $1.47 to $79.60, gold also rose $31.20 to $1,085.20.
Free Daily Stock Picks activity and results for November 3, 2009:
TXRH - position entry at 10.67, 3rd Target Level hit for a gain of 0.53points
HLF - position entry at 37.00PM, Stop hit for a loss of 1.00 point
DLLR - position entry at 20.00PM, 3rd Target Level hit for a gain of 0.80 points
HTCH - position entry at 5.95, 3rd Target Level hit for a gain of 0.36 points
CAR - position entry at 8.77, 3rd Target Level hit for a gain of 0.53 points
SVR - position entry at 15.61, EOD price hit for a loss of 0.59 points
KND - position entry at 14.66, EOD price hit for a loss of 0.26 points
-------
Signup and get instant entry alerts for the Free Daily Stock Picks at Zantrio.com
Market Review November 2, 2009
Institute for Supply Management showed nationwide manufacturing activity hurdled to 55.7 in October, from 53 in August, economists had expected a gain to 54, numbers above 50 show growth, while numbers below 50 suggest contraction. On the housing front, the National Association of Realtors reported that the number of signed sales contracts to buy homes rose in September for the eighth straight month, pending home sales rose more than expected, by 6.1%, in September, analysts expected a 1.2% increase. Stocks rose after the news, the Dow Jones Industrial Average rose 74 points, the Nasdaq Composite Index rose 4 points and the Standard & Poor’s 500 Index rose 6 points. Bond prices fell, the yield on the benchmark 10-year Treasury note rose to 3.42 from 3.39 Friday, as the dollar fell against other currencies. Crude oil prices rose $1.13 to $78.13 per barrel, gold rose $13.60 to $1,054.00 an ounce.
Free Daily Stock Picks activity and results for November 2, 2009:
FDX - position entry at 72.84, Stop hit for a loss of 1.00 point
MON - position entry at 67.56, 1st Target Level hit for a gain of 1.01 points
MI - position entry at 5.32PM, 2nd Target Level hit for a gain of 0.27 points
KBR - position entry at 20.45, 3rd Target Level hit for a gain of 0.82 points
RBS - position entry at 12.67PM, 1st Target Level hit for a gain of 0.32 points
-------
Signup and get instant entry alerts for the Free Daily Stock Picks at Zantrio.com
Home
|
