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Boeing and Banks The Focus of Morning Market

The U.S. giant airplane maker Boeing and banks such as Morgan Stanley and Wells Fargo are the focus of the U.S. morning market. They are likely to be the main movers and shakers of of today's stock market.

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GE and B of A earnings drag the DOW down 120 points this morning

Bank of America investor relations will be busy today. Earnings reports that are moving the markets this morning include General Electric, the biggest U.S. business conglomerate, and Bank of America, one of the biggest banks in the world. Both company’s reports were worse than anticipated causing the equities markets to be trading down this morning.

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Oil and gas prices surge to new 2009 highs

Oil prices are surging today on Wall Street. After trading within the narrow range of $65 to $75 per barrel for the last ten weeks, oil prices are on the move. Currently oil is trading above $77 per barrel, up almost $2 on the day, and at its high level for the year.

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Atticus Capital Closing Two Funds

Atticus Capital, a large broker of hedge funds, is closing a flagship fund as well as a smaller fund. The founder, Timothy Barakett, cited "solely personal reasons" for the decision.

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The Recession is Over? Really?

The recession is over? No way! Well, technically it is over, but it will still be rough for a while. Get the full story...

Analysts Project Higher Market By Year End

Well, so much for the bears and that head and shoulder top they ranted and raved about only two weeks ago. That old, old widely known chart formation of the DJIA meant, we were told by purist technicians was basically announcing the end of the Western world.

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Optimism Is Improving That Global Economy Is Bottoming

Global economic optimism is improving. Stocks seem to be happier. However, concerns grow over Iran's programs. Wells Fargo's Chief Market Strategist Al Goldman and Senior Equity Market Strategist Scott Marcouiller report.

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Little News Today Doesn't Give Investors Direction

The scarce economic news and the worries about the future of the economy do not give investors direction, therefore in the early trading the stocks point to lower opening.

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Stock Market May Have Another 3-4 Weeks Of Correction

While the U.S. stock market last Thursday was not patriotic, we do believe in instant gratification when it comes to investing or doing business. However, we need to give the stock market some more time for correction. Chief Market Strategist Alfred Goldman at Wells Fargo thinks so too.

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Rally Moves S&P 500 Above Break-Even for 2009

It's horrible when saying that we've managed to recover all the losses and are basically break-even is considered good news. But that's where we are at with the S&P 500, as of today.

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Stock Market Rally: Panacea Or False Prophet?

The recent surges in global stock markets have been spectacular. But will they last? Are we in the throes of a bear market rally (a classic "dead cat bounce") or are the rises actually sustainable? At present the consensus appears to be that they are, and investor psychology has undergone a key sea change in the past six weeks, during which good news has been seized upon as reasons to buy, while bad news has been ignored.

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Jim Cramer Gets Very Angry At Dan Solin On Trust Issue

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There was something in CNBC that at the end the reports call "Oh, that was exciting."

"One of the things that you could do is to give us more in Bogle we trust and much less in Cramer we trust," said Dan Solin, the author of The Smartest 401k Book You'll Ever Read on as a guest today. After the host asked him what people could do better to save for retirement.

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