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U.S. Major Indices



Dow 10023.42+17.46
S&P 500 1069.30+2.67
Nasdaq 2112.44+7.12
10 Yr. % 3.503-0.03

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Market Headlines:
    November 6, 9:59 pm: Regulators close four more banks, in California, Michigan, Minnesota and Missouri, bringing 2009's bank-failure total to 120. Combined estimated cost to the FDIC's Deposit Insurance Fund of today's five failures: $1.5B. United Commercial Bank, based in San Francisco, was the latest and largest closure. Post your comment!
    November 6, 4:00 pm: Squid flu? Growing frustration over reports that Goldman Sachs (GS) (along with big employers including Citigroup (C) and Morgan Stanley (MS)) is receiving hundreds of H1N1 vaccines before many hospitals do. David Weidner has a reader's limerick: "As jobless rates keep getting worse/The bankers cut lines to the nurse/Bad debts they accrue/But when there's swine flu/They finally turn risk-averse." NYC's health commissioner defends the distribution. 6 comments!
    November 6, 3:48 pm: A standoff is in the works as Kraft (KFT) faces a Monday "put up or shut up" deadline from the U.K. Takeover Panel in its bid for Cadbury (CBY) - whose earlier rejection suggested that Kraft might have to raise its $16.7B bid (a 31% premium at the time). But no other suitors have emerged. Since the offer: KFT -4%, CBY +33%. 1 comment!
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Here Comes Dow 9,600, S&P 500 at 1,042 and Some Investment Ideas

Sometimes accepting “what is” happens to be counter intuitive. That’s the way it feels right... Read more »

February 6, 2009

Another Bubble in the Making?

The market has staged a very impressive rally since the March 6th low. At that time the S&P bottomed at 666... Read more »

February 6, 2009

It Took Some Time, But We May Have Pulled Through

Since my last post on 4/12/09 the S&P 500 has continued on it’s upward rally. We were able to break... Read more »

February 6, 2009

They Have to Blame Someone!

Have you ever noticed that a day does not go by without the media pointing to a reason why the market traded... Read more »

February 6, 2009

The Moment of Truth: Can the Bulls Pull Through?

Taking a look at the S&P, you can see that we are gaining ground on a rather strong looking uptrend. We... Read more »

February 6, 2009

Google Is Coming Back With The Market

Looking at the technicals of Google [GOOG: 551.10, +2.45 (+0.45%)], we can see that Google is currently in the... Read more »

February 6, 2009

Market’s Short Term Recovery Maybe Over

The market’s temporary recovery may be just “temporary.”  With the market closing positive... Read more »

February 6, 2009

Time to Stock Up on Some Gold

With Obama’s outrageous stimulus plans where the federal government is going to give out billions of dollars... Read more »

February 6, 2009

Where Bullish Bankers Like The Sign Of The Bear

Normally downward trending charts are not a good sign for bulls. However, when looking the CBOE Volatility index... Read more »

February 6, 2009

The Fall of Starbuck’s Stock

As soon as I touched land in Beijing,  I headed to the closest Starbucks to enjoy a cinnamon spice mocha. While... Read more »

February 6, 2009