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This blog gives investors more financial information for very smart investing! |
based on editor's review
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A strong dollar crushes stocks & commoditiesDec 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 reportDec 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 stocksDec 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 dataDec 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 guidanceDec 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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