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7141-7160 of 8312
Since the last call to buy gold..i am back fr states..your stock have gone down some 30 to 40%..and will be another 40 over % down if dow is 11800...buy gold stock and resource!!!
Trade carefully...still see a 11800 dow..trade in and out fast...no way for maket to rally with a high oil px...just a tech rebounce..on way to 11800..and then to 9000..and then 7000...bottom..take care..y may not like to read this...but that a fact...just look ard u and see for yourself...come March when a trillion dollar mortgages have yet to reset...that will see more bloodbath for financial sector...sell bank stock and relate...more cockroaches have yet to crawl out under the fridges..
+181
should be a good monday for us rite?
open too high. oil px is the reason. now subprime is not as impt liao. watch oild px for consumer/trader sentiment.
+115 !
Dow opens +91
Not necessary leh. Dow also went down >200 pts 2 days ago but our market bounce back in the afternoon. Nowadays market is hard to predict. Better stay away for some time unless u got lots of cash.
Dow dropped 211 points last night
Another blood bath today
Dow climbs back above 13,000
Blue-chip indices close higher despite afternoon stumble on Fed prediction of slow 2008; oil skyrockets more than $3 to record high.
NEW YORK (CNNMoney.com) -- The Dow rose back above 13,000 at the close Tuesday as stocks ended a rocky day by closing just above their opening levels, when buyers returned to the market to scoop up languishing financial and retail stocks.
Markets rose early on positive news from HP, hit a snag after noon on financial stocks and bearish Fed news, but recovered late in the session.
The Dow Jones industrial average (
Charts) ended up 51 points, or 0.4 percent. The S&P 500 (
Charts) gained 0.45 percent. The tech-heavy Nasdaq composite (
Charts) rose 0.1 percent.
On Wednesday investors will look to the Conference Board's leading indicators report, with analysts expecting a drop of 0.4 percent.
Markets are closed Thursday for the Thanksgiving holiday, and will be open Friday until 1 p.m. EST.
Oil closed at a record high Tuesday, with January crude surging $3.21 to settle at $98.03 a barrel on Nymex, surpassing the previous closing record of $96.70 set Nov. 6.
Bond prices declined slightly, with the 10-year Treasury down 4/32 to yield 4.09 percent.
Bad news Tuesday from mortgage backers Freddie Mac and Fannie Mae dragged the mortgage sector - and the broader markets - down.
Freddie Mac (
Charts,
Fortune 500)
reported a steep quarterly loss and said it had set aside $1.2 billion in the quarter to account for credit losses.
Fellow government-sponsored mortgage backer
Fannie Mae (
Charts) slumped 24 percent. The company has been under pressure over the past few weeks after it revealed its mortgage losses, with investors
questioning whether the losses are bigger than the company has so far acknowledged.
DOW up by 51.7. Hopefully STI will follow...
It might seem like a down trend now. Last few hours to go. Hoping strong gains come in and no dumping at the closin hour
Wall Street rebounds as HP lifts tech
Stocks rebounded on Tuesday, bouncing back from three-month lows set in the previous session, after Hewlett-Packard (HPQ.N:
Quote,
Profile,
Research) announced earnings that beat estimates and gave a robust profit outlook, lifting the technology sector.
Hewlett-Packard, the world's largest personal computer maker, forecast first-quarter earnings per share before items above Wall Street's expectations late on Monday.
The gains could be tenuous, however, because of negative news in the housing sector and the upcoming Thanksgiving holiday, which has many market participants absent for most of the week, leaving stocks vulnerable to swift turnarounds.
Bad news included a larger-than expected quarterly loss at Freddie Mac (FRE.N:
Quote,
Profile,
Research), the second largest U.S. mortgage finance company, and data showing a drop in building permits in October.
Freddie Mac posted a $2 billion quarterly loss. Its shares plunged 25 percent to an 11-year low.
"Hewlett-Packard is certainly giving us a little bit of a positive boost," said Marc Pado, a San Francisco-based U.S. market strategist at Cantor Fitzgerald & Co.
"There's obviously still a lot of concern about the extent of damage to financial institutions and we're definitely not through it yet. We'll continue to see it all the way through the fourth quarter."
The Dow Jones industrial average (.DJI:
Quote,
Profile,
Research) was up 64.87 points, or 0.50 percent, at 13,023.31. The Standard & Poor's 500 Index (.SPX:
Quote,
Profile,
Research) was up 6.64 points, or 0.46 percent, at 1,439.91. The Nasdaq Composite Index (.IXIC:
Quote,
Profile,
Research) was up 15.54 points, or 0.60 percent, at 2,608.92.
U.S. financial markets will be closed on Thursday for Thanksgiving.
HP shares were up 1.1 percent to $50. Shares of rival Dell (DELL.O:
Quote,
Profile,
Research) rose more than 1 percent to $27.12.
Other big gainers in the tech sector included shares of Google (GOOG.O:
Quote,
Profile,
Research), up 4.2 percent to $651.95 after Credit Suisse lifted its price target on shares of the Internet search engine company to $900 from $800.
On the downside, discount retailer Target (TGT.N:
Quote,
Profile,
Research) said its quarterly profit fell on weak sales of high-margin merchandise. Target stock was down 1.7 percent to $53.
Freddie Mac stock fell to $28.37. Shares of its bigger rival, Fannie Mae (FNM.N:
Quote,
Profile,
Research), were down 16.7 percent to $31.31 after hitting a 12-year low.
U.S. building permits fell to their lowest in 14 years in October. Data showing a 3 percent increase in home construction starts last month failed to boost stock futures.
DJ Cheong!
Nasdaq gains 1 percent
Stocks advanced on Tuesday, sending the Nasdaq up more than 1 percent, as optimism over computer maker Hewlett-Packard Co's (HPQ.N:
Quote,
Profile,
Research) solid profit fueled a rebound after Monday's sell-off.
The Dow Jones industrial average (.DJI:
Quote,
Profile,
Research) was up 99.10 points, or 0.76 percent, at 13,057.54. The Standard & Poor's 500 Index (.SPX:
Quote,
Profile,
Research) was up 12.95 points, or 0.90 percent, at 1,446.22. The Nasdaq Composite Index (.IXIC:
Quote,
Profile,
Research) was up 29.01 points, or 1.12 percent, at 2,622.39.
Think it will be... A good day for STI tomorrow.
Dow is currentlu up by +105. Hopefully it will take its good opening to end a GREEN day.
Wall Street rises on Exxon, tech optimism
Stocks opened higher on Tuesday, led by Exxon Mobil Corp (XOM.N:
Quote,
Profile,
Research) after a broker upgrade, while optimism over computer maker Hewlett-Packard Co's (HPQ.N:
Quote,
Profile,
Research) solid profit helped offset news pointing to more trouble in the housing sector.
The Dow Jones industrial average (.DJI:
Quote,
Profile,
Research) was up 61.95 points, or 0.48 percent, at 13,020.39. The Standard & Poor's 500 Index (.SPX:
Quote,
Profile,
Research) was up 5.64 points, or 0.39 percent, at 1,438.91. The Nasdaq Composite Index (.IXIC:
Quote,
Profile,
Research) was up 15.37 points, or 0.59 percent, at 2,608.75.
Futures slip further on Target, Freddie
Stock index futures lost most gains on Tuesday after mortgage finance company Freddie Mac (FRE.N:
Quote,
Profile,
Research) posted a $2 billion quarterly loss and discount retailer Target (TGT.N:
Quote,
Profile,
Research) said its quarterly profit fell.
Futures fell further after data showed U.S. building permits fell to their lowest in 14 years in October. Data showing a 3 percent increase in home construction starts last month failed to boost stock futures.
S&P 500 futures were up 2.8 points, above fair value, a mathematical formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.
Dow Jones industrial average futures rose 37 points, and Nasdaq 100 futures gained 17.5 points.
S&P futures were earlier up as much as 13.5 points and Dow futures gained more than 100.
Target shares were down 1.7 percent to $53. Freddie Mac shares plunged more than 17 percent to $30.89 before the bell.
U.S. Oct. housing starts up 3 pct to 1.229 mln pace
U.S. home construction starts were up 3 percent in October, the biggest monthly gain in eight months, but building permits were down 6.6 percent to a level not seen in 14 years, a government report on Tuesday showed.
The Commerce Department said housing starts set at an annual pace of 1.229 million units in October from a 1.193 million unit pace in September. It was the biggest monthly increase since February and came after starts tumbled 11.4 percent the prior month. Economists were expecting to see a slight decrease in starts to a 1.17 million unit pace from the initially reported 1.191 million pace.
Building permits fell 6.6 percent in October to a 1.178 million unit pace. That was the lowest level since July 1993 and well below the 1.200 million unit level economists were expecting.
thought market is black today, so try shorting. But didnt expect market bounce back in the afternoon. Haiz, so difficult to predict market nowadays.
