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VerySmartInvesting  
This blog gives investors more financial information for very smart investing!

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A strong dollar crushes stocks & commodities

Dec 4, 2009
Markets wanted to fly after the jobs report, but could not cope with sudden strength in the dollar. Dow shot out of the gate with a 150 gain bringing it above 9.5K, another high for 2009. Midday selling took away that gain in just 1 hour. Dow drifted...

Early gains vanish after a favorable jobs report

Dec 4, 2009
After a very strong start, markets sold off. Dow is down 25, advancers head of decliners 5-2 & NAZ was even. Banks participated in the brief rally & are now selling off. S&P 500 FINANCIALS INDEX Value 193.60Change 0.68 % Change 0.4% MLPs are...

Last hour selling drags down stocks

Dec 3, 2009
Dow dropped 86, decliners were ahead of advancers almost 2-1 & NAZ fell 11. Dow spent much of the day hovering near break even but sold off in the last hour. Banks have been having a difficult time attracting fans, the Financial Index has not been...

Mixed markets on conflicting economic data

Dec 3, 2009
Dow was up 8, advancers ahead of decliners by 15% & NAZ rose 9. Banks are still sloshing around trying to find traction. S&P 500 FINANCIALS INDEX Value 196.95Change -0.03 % Change -0.0% MLPs are rising, the Alerian MP Index is up 1+ to the 268s &...

Markets waver, looking for guidance

Dec 2, 2009
Without encouraging news, Dow slipped 18, advancers over decliners better than 3-2 & NAZ gained 9. Dow stayed in a narrow trading range, within 30 points of break even. Banks did little. Below I added a chart for JPMorgan (JPM), Dow stock, a bank in...


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