Stock Markets

Dow below 10000 and dropping this morning

Shelby Bateson — Thu, 22 Oct 2009 08:54:14 -0500

The Dow Jones Industrial Average (DJIA) dropped below 10,000 at the close yesterday, after rallying all day. While the Dow is up slightly this morning, it remains below the new point of resistance of 10,000.

Apple stock price up, quote is 52 week high

Armen Hareyan — Tue, 20 Oct 2009 10:42:21 -0500

Apple stock price (symbol quote AAPL 199.68 at 12:00) keeps amazing after reporting record earnings yesterday. This morning, despite coming down a little bit, AAPL stock price is holding to its gains.

Dow Starts The Last Quarter With Plunge

Armen Hareyan — Thu, 01 Oct 2009 16:54:40 -0500

The New York Stock Exchange ended Thursday with a sharp drop. The Dow Jones Industrial average lost 2.09% and the Nasdaq up 3.06%. Investor nervousness about possible corrections and the worries about the unemployment and the future of the economy broke their nerves prompting the sell-off.

S&P 500 May Be The Loser Of The Decade

Armen Hareyan — Thu, 01 Oct 2009 13:35:44 -0500

Unless S&P 500 39% in this last quarter, it will end up the entire decade on a losing stake. Thus S&P may well become the loser of the decade.

Analyst Says Dow 10,000 Does Not Matter

Armen Hareyan — Thu, 01 Oct 2009 11:42:17 -0500

Dow is an old name and old brand, a market analyst tells to CNBC. Its reaching to 10,000 point mark may not matter at all.

Wharton Questions High Frequency Trading Softwares

Armen Hareyan — Thu, 01 Oct 2009 06:58:05 -0500

High frequency trading software is a program that allows stock traders to collect the buy or sell order flow and executes the order ahead of the flow. Yet, in stock market, even one millisecond matters. Putting your order ahead of the flow with the help of a high frequency trading softwares is very much questioned by specialists. Wharton analyst says the practice needs more SEC scrutiny.

Uptick in South Florida Housing Overshadowed by Stock Market Downgrade

Armen Hareyan — Wed, 30 Sep 2009 08:35:40 -0500

It is always good news for us in Florida when the Case Schiller home price index tells the world that the housing market in our fair state is on a continuous track of improvement. Even more telling about the state of affairs in our state is that the Florida Consumer Confidence Index, which is just what it sounds like, also showed a modest increase.

Dow 10,000 just the midpoint of high and low

Bill Freehling — Wed, 16 Sep 2009 15:20:40 -0500

The Dow Jones Industrial Average is approaching 10,000 as optimism sets in about the economy.

Buffett Sells Stocks and Buys Bonds

Denise Clay — Tue, 08 Sep 2009 11:44:30 -0500

When Warren Buffett speaks, people listen. Now everyone is trying to figure out what Buffett and his company, Berkshire Hathaway is exactly saying after their moves during the second quarter of 2009. A period in which Buffett and Berkshire sold more stocks and invested more in bonds than in a five year period. The question people are asking is what does it mean when Buffett sells stocks and buys bonds?

Investors Question Where To Invest As Market Matures

Armen Hareyan — Wed, 02 Sep 2009 13:08:25 -0500

More investors are questioning as to where to invest in this matured market. They search for solid performers vs any type of investment.

Fear is Creeping Back into the Market

Armen Hareyan — Tue, 11 Aug 2009 15:23:34 -0500

The market mentality and emotion is starting to switch from a bullish uptrend view to one of fear. After a month of positive movement in the S&P500, we are now hearing of news that the market recovery and surge has gotten ahead of itself.

Unemployment Numbers Testing The Market

Armen Hareyan — Fri, 07 Aug 2009 08:27:56 -0500

This morning the U.S. government reported better than expect job loss data. U.S. employers cut the fewest jobs in July 2009. Nearly 247,000 jobs were cut in July. The U.S. job loss rate dipped to 9.4 percent. Payroll cuts slowed down giving new hope for the economic growth and recovery.