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Dow

Dow down 13 points and Nasdaq up 1 point now ....

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US market opened FLAT!! Dow down 1 point and Nasdaq down 1 point now ....

 

SHIOK!!! Spring time for DOW, then Shanghai, Hang Seng and STI is Green liao Monday.

Just thinking aloud (Still STI stocks might be trading volatile in nature)

 

Good, less RED EYED vigils.

 

Spring forward
U.S. clocks to be set ahead one hour at 2 a.m. Sunday.

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Yeah, US market will trade at 9.30pm S'pore time from this Monday! Shiok!

 

SAN FRANCISCO (MarketWatch) -- U.S. stocks are set to extend their rebound from the global sell-off next week on a series of economic reports expected to show steady growth and little inflation, as well as on positive financial updates from companies such as Texas Instruments Inc. and broker Goldman Sachs Group, strategists said.

Figures on closely watched producer and consumer prices, industrial production and retail sales for February will anchor the pile of economic data on its way. Market experts and economists largely expect incremental shifts in key data, which would show that the economy is on track to grow at a sustainable rate and keep the Federal Reserve from finding reasons to raise rates.

"There's going to be recovery ...we had a little bit of a washout in speculation. The big macroeconomic numbers are benign, and I think we'll have strength in the market [in the] short term," said Thomas Winmill, portfolio manager at the Midas Fund.

Leading into the next week's round of data was Friday's in-line jobs report for February. Nonfarm payrolls rose by 97,000; expectations were for an increase of 100,000 jobs. The unemployment rate moved down to 4.5% from 4.6%.

Investors looking for bright spots in the market will look to Texas Instruments, which will issue its midquarter update Monday evening.

The world's largest maker of phone chips was upgraded Friday at Stifel Nicolaus to buy from neutral on expectations that orders will improve, as large customers such as Motorola Inc. and Nokia Corp. whittle down their inventories.

Brokerage firms Goldman Sachs on Tuesday and Lehman Brothers Holdings Inc. on Wednesday will release their quarterly results, as will Bear Stearns Cos. on Thursday.

A week after U.S. stocks had their worst weekly performance in the last three years, Wall Street's fragile optimism was piqued by rallies in markets worldwide to leave the benchmark indexes higher for the week.

Investors have been "picking through everything that has been sold off and putting money to work," said Ken Kam, portfolio manager of the Marketocracy Masters 100 Fund.

Kam added that the road to recovery will be lengthy for investors, whose confidence in equities was rocked by the rampant selling that erased $3.1 trillion on the world's markets, according to the Dow Jones Wilshire Global Total Market Index.

"People are quick to panic when it looks like the market is falling through the floor, but it takes more time for that fear to dissipate. You're not going to have a 400-[point] pop and the [sell-off] will just be forgotten."

Data to come

Investors will see the Labor Department's reports on producer and consumer prices in February on Thursday and Friday.

The Fed -- which will hold its rate meeting on March 20 and 21 -- wants to see contained inflation in concert with steady economic demand, according to Barry Ritholtz, chief market strategist at Ritholtz Research & Analytics.

Economists surveyed by MarketWatch expect the core PPI, which excludes prices for energy and food, to remain unchanged at 0.2%. The core CPI is expected to edge down to 0.2% from 0.3%.

Including food and energy, the PPI is expected to show a rise of 0.6% compared with a 0.6% decline in January. The CPI is expected to come in at 0.3% from 0.2%.

"[The Fed is] really hoping to see a stay exactly in the sweet spot, which is a tough thing to do," said Ritholtz.

The markets will search for signs of recovery in the manufacturing sector in the Fed's industrial production report on Friday. Economists expect an increase of 0.4% compared with January's sharp drop of 0.5%.

The industrial production report will contain figures on capacity utilization, which is expected to tick up to 81.3% from 81.2% in January. Kam said that the utilization numbers are a good gauge of how much slack there is in the economy.

"When you start growing beyond the nation's ability to add capacity, that's inflationary," he added. A reading below the estimate may provide reason for the Fed to ease rates, "but I don't see that in the cards."

Retail sales are also expected move higher, by 0.2% compared with an unchanged reading in January. The report arrives on the heels of dismal February sales results by retailers, who blamed frigid winter weather for their shortfalls.

Midas Funds' Winmill said that he'll watch for Tuesday's report on the fourth-quarter current account deficit, which measures international flows of goods, services and capital in and out of the United States. The current account deficit is expected to narrow to $204.5 billion from $225.6 billion in the third quarter.

If that projection is met, he reasoned, "that means that things are going right for the dollar. It would be relieved and that would be positive for equities."

He also said that narrowing would signal to him that "U.S. exporters are doing a better job at getting more competitive."

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jobs gain 97k against forecast of 100k..well abt as forecasted, unemployment dropped to 4.5% from 4.6% (expectation was 4.7%), usd up 1.07 against yen.....yen carry trade's threat fear dimishing....sti vol low 2day although up 21 pts.... reason markets ard world "cautious" awaiting job gain n unemployment figures from usa...... my opinion is markets wud continue uptrend next week n with good vol (sti) cos' dow wud probably end up by >100 at close...... no consequence 2 me whether dow up or down at end of their 2day or sti up/down next week cos wud not affect me ...just expressing my opinion. 

 

Symbol	Last	Change
Dow	12,324.87	64.17 (0.52%)
Nasdaq	2,400.00	12.27 (0.51%)
S&P 500	1,408.75	6.86 (0.49%)
10-Yr Bond	4.5850%	0.0760

Green Green Cheong ah...

 

teeth53 Elite	Posted: 09-Mar-2007 01:22
x 0 x 0	Woww....Tonite Bull still charging till tomorro STI contiune the charge:)

Time Frame 1-day 2 days 5 days 10 days ---------- 1 month 2 months 3 months 6 months YTD 1 year 2 years 3 years 4 years 5 years 1 decade All Data

 

NEW YORK (MarketWatch) -- U.S. stocks rallied Thursday, with investors' spirits lifted by hopes that strong overnight gains in Asian equities markets may signal an end to the weakness that gripped global stock exchanges last week.

The Dow Jones Industrial Average was up 91 points at 12,283, with 28 of the average's 30 components posting gains, including General Motors Corp. up 1.7% at $31.29 and Citigroup up 1.6% at $51.03.

The S&P 500 rose 14 points to 1,406 and the Nasdaq Composite was up 25 points at 2,399.

There were 385 million shares traded on the New York Stock Exchange, where there were more than 4 advancing shares for every one on the decline. More than 472 million shares traded in the Nasdaq market, where there were more than 3 gaining stocks for every loser.

Investors were drawing encouragement from sharp gains in Japan and Hong Kong and some European bourses.

"We'll be piggy-backing off the strong gains seen in Asian and European markets," said Peter Cardillo, strategist at Avalon Partners. "It does seem that markets are beginning to stabilize and that foreign exchange effects are beginning to lessen."

Paul Nolte, director of investments at Hinsdale Associates, said the market is trading more off the fact hat Asian markets appear to have settled.

"The big concern coming into this week was that Chinese stock markets would be down a lot and that other Asian markets would follow. And that hasn't happened. So we are breathing a collective sigh of relief."

Cardillo said, "We could be in for a repeat of yesterday, with some gains during the day, but selling into the close, ahead of the most important report of the week, the February unemployment report."

The MarketWatch forecast, based on a poll of economists, is for job growth to slow to 100,000 jobs in February after averaging 155,000 over the past four months. See full story.

"The non-farm payroll report has been getting progressively weaker over time, said Hinsdale Associates' Nolte. "If the number is below 100,000, we will go back to recession fears. The market has been flip-flopping between recession and inflation fears."

Earlier the Labor Department reported that the number of workers filing jobless claims in the latest week fell by 10,000 to 328,000. However, the four-week average of new claims moved up to a 17-month high of 339,000.

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Yup, Teeth53 .... UP, UP & UP!!!!

 

Wow! Dow up 88 points and Nasdaq up 24 points now ... Shiok!

     
     DOW                         NASDAQ
 

 

DOW Tonite up, up, up and up

Time Frame 1-day 2 days 5 days 10 days ---------- 1 month 2 months 3 months 6 months YTD 1 year 2 years 3 years 4 years 5 years 1 decade All Data

 

Markets & Stocks > DJIA Futures

A rally in the works

 

DOW Future tonite trading pointing upward..

NEW YORK (CNNMoney.com) -- A rally could be in the works for U.S. stocks Thursday as a follow through for gains overseas.

At 6:29 a.m. ET, Nasdaq and S&P futures were sharply higher, ahead of February sales reports from the nation's major retail chains.

Dow Jones	+70.00	12271.00	3/8 6:55am
DJIA Contracts

 

So we are not looking at chart for indication?. We?re looking at stars??bro?.. don?t like that lar?.

 

Newmoon may be pleased to see this... :)

Monday/Tuesday night may see the Dow down...

since there's is a quarter moon phase to trigger the nerves of some humans sensitive to the more subtle forces of the universe.

 

It is strongly advisable for all techies to take a look at the

1-year Dow Jones chart (not simply the daily chart), ...
and compare the May period with the current period...

and then decide whether the market is really so bullish.

 

Hopefully this week can close at higher note and hold on the support level. Then all of us won't get burn somemore

 

DOW Future pointing upward..

US Futures & Markets Indicators

Mar 2007 Change Level Last Update? S&P 500 +8.80 1402.00 3/8 4:27am Fair Value 1392.81 3/7 6:20pm Difference* +9.19 NASDAQ +12.25 1749.75 3/8 4:26am Fair Value 1737.96 3/7 6:20pm Difference* +11.79 Dow Jones +54.00 12255.00 3/8 4:15am DJIA Contracts

Mar 2007 Change Level Last Update? S&P 500 +8.80 1402.00 3/8 4:27am Fair Value 1392.81 3/7 6:20pm Difference* +9.19 NASDAQ +12.25 1749.75 3/8 4:26am Fair Value 1737.96 3/7 6:20pm Difference* +11.79 Dow Jones +54.00 12255.00 3/8 4:15am DJIA Contracts