Posts Tagged ‘GM’

Bulls “Rock On”

12:10pm (EST) It has been a big day on Wall Street as General Motors (GM, $35.35, up $2.35) and some great economic news have revved up the bulls’ engines.  The market has powered its way back towards its April highs and is up 1.7%, on average, as the major indexesRead more

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Market Flat as Bulls Look for Direction

12:30pm (EST) The market has traded in a tight range today as the bulls look to hold the first wave of support while the bears are trying to extend their momentum.  The major indexes are on track for their second weekly loss in-a-row which hasn’t happened since August and theRead more

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Bulls Looking For A Bounce

8:45am (EST) The bears notched another solid victory on Tuesday as global chaos in the financial and commodity sector continued to weigh on the market.  The pounding the bulls took came on renewed fears of a potential rate hike from China and the potential bailout of Ireland – similar to the one given to Greece, which is still blowingRead more

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Tuesday's Tidbits

2:20pm (EST) General Motors (GMGMQ, $0.58, down $0.17) has a new stock symbol after it was suspended from the New York Stock Exchange following the company’s bankruptcy filing yesterday. More importantly, GM was removed from the Dow. History lesson of the day – the stock had been part of theRead more

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Bulls Come Out Swinging

9:30am (EST) Like cotton on sheep, the bulls are all over the opening bell. The Dow just opened and is currently up 110 to 8,610; the Nasdaq is up 22 to 1,796 and the S&P 500 has added 12 and is at 931. The big news of course is GeneralRead more

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Weekly Market Wrap for 3/29/09

1. Commentary 2. Research In Motion Earnings Preview 3. Further Gains For First Solar? 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary Despite Friday’s 148 point drubbing, the Dow had a fantastic week as it gained nearly 500 points to finish at 7,776,Read more

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Dow Plunges on Uncertainty

The market hates uncertainty and Tuesday all Wall Street could do was watch with despair as stocks were sent plunging. The market sat on the fence on Monday and traded flat and that was pretty much the deal until Treasury Secretary Timothy Geithner spoke. The more he spoke however, theRead more

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Market All Smiles

The market powered higher on Monday following news that President-elect Obama will increase infrastructure spending to lift the economy once he takes the keys to the White House. The Dow blasted though the all-important 9,000 barrier but closed slightly below this level. Still, its 300-point gain to 8,934 put theRead more

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Weekly Wrap 12/07/08

The market returned to its “normal” ways after a see-saw week in which the Dow had three up days and two down. Normal meaning volatility. After a solid winning streak to close November above 8,800, the Dow struggled to hold 8,000 and finished Friday at 8,635. All things considered itRead more

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Market Down 400

Despite what was initially thought as a “successful” start to the holiday season, the Dow is down over 400 points as we hit mid-day. The figures from Black Friday were higher than what many analysts had been expecting as sales rose 3% to $10.6 billion. However, this is supposedly theRead more

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.