| Market Outlook | |
|
POSITIVE |
|
|
.Bias |
POSITIVE |
|
.BLI |
POSITIVE |
| Extended Forecast | |
Barometer Model Upgrades Forecast To Positive |
Snippets: STOCK MARKET NEWS: MARKET DRIVER
Stocks Sink In Afternoon Session, Bounce Back To End With Gains, In Last Half Hour
Look for a neutral-to-negative open Tuesday. Cisco Systems makes big announcement this morning and this time last year the S&P 500 closed at 676.53, advanced nearly 462 points since then. Afternoon model run has upgraded the Market Barometer Forecast to positive. U.S. stock market gives up gains Tuesday, sending the market lower going into the close, amid Barometer Forecast upgrade. Tuesday, March 9, 2010, 8:56 A.M. Eastern- updated 4:43p
> Stock market makes comeback on this Bear bottom anniversary.
> Afternoon Barometer model changed the forecast to positive on upbeat outlook.
> Cisco Systems introduced a new Routing System for the Internet, with more than 12 times the capacity of the nearest competing system. A huge increase of capacity that is capable of streaming all known movies and all of the Library of Congress print, in less than 4 minutes.
Stocks ended mixed with tech outperforming on upgrades
Look for a neutral flat open could turn mixed. Earnings/ outlook in focus for the start. U.S. stock market performance was choppy Monday, trended lower after the Dollar advanced. S&P 500 and the Dow closed slightly lower while Tech [NASDAQ] ended slightly higher, helped by Cisco Systems. Monday, March 8, 2010, 8:47 A.M. Eastern- updated 4:45p
Stocks Ramp Up On Payroll Data, Gold And Oil Follow
Look for a neutral-to-positive open Friday. Nonfarm payroll and unemployment report as well as earnings/ outlook in focus for the start. Friendly jobs data set the tone Friday, as traders and investors push the stock market higher, ending virtually at the high of the session. Market Barometer forecast data shows a change to positive for the Barometer Forecast could be just sessions away. Friday, March 5, 2010, 8:49 A.M. Eastern- updated 4:43p
> U.S. stock market rallied Friday on better than expected jobs data.
> Unemployment rate holds at 9.7 percent for February.
> Government report shows 36,000 jobs lost in February, less than expected.
Dow Jones Index Closed Half Percent Higher Ahead Of The Nonfarm Payroll Report
Look for a neutral flat open for Thursday. Could turn positive. Jobless new claims and earnings/ outlook in focus for the start as well as nonfarm payroll tomorrow. U.S. stock market does well ahead of the jobs unemployment report which is due out before the open tomorrow. Jobless new claims data and retail sales numbers get traders and investors to push stocks up 1/2 percent ahead of the nonfarm report Friday morning. Thursday, March 4, 2010, 8:55 A.M. Eastern- updated 4:49p- corrected 5:48p
> Economic data set tone for Thursdays trade, investors look forward to Friday.
> Unemployment new claims drop 29,000 last week- chart.
Stocks Fall To Unchanged, Ahead Of Unemployment New Claims And Payroll On Friday
Look for a neutral flat open Wednesday. ADP jobs report and earnings/ outlook in focus for the start as well as the Greece bailout. U.S. stock market fell back to the opening prices Wednesday after achieving a good start. Beige Book jitters and major data tomorrow and Friday kept buyers on the sidelines in the afternoon trade. The Unemployment new claims data released tomorrow morning could send stocks in either direction if data comes in unexpectedly high or low. The payroll and unemployment rate report Friday could set the tone for the near-term in either direction, especially if more negative than forecasted. Wednesday, March 3, 2010, 8:49 A.M. Eastern- updated 4:43p
Barometer Forecast Bias Changed To Positive While Stocks Go Flat Tuesday
Look for a neutral-to-positive open. Look for a Forecast-Bias upgrade today. Earnings/ outlook still a focus for the start. The mid afternoon model has changed the Forecast Bias to positive. Three session rally slows Tuesday as stocks ramped up early but selling took over as shares slip from the highs to end with a slight gain. Tuesday, March 2, 2010, 8:49 A.M. Eastern- updated 4:34p
> Bias upgrade paves the way for Forecast change to positive.
> Mid afternoon Barometer model has changed the Forecast Bias to positive.
M&A Set The Tone, Personal Spending And Income Saw Stocks Rise Monday
Look for a neutral-to-positive open for March 1, Monday. Earnings/ outlook in focus for the start. Stocks rally Monday as M&A activity picked-up setting the tone for the session. Economical data [Personal Spending Outlays report] helped the rally to sustain the [virtually] highs of the day. The broader market, as measured by the S&P 500, closed up one percent. Monday, March 1, 2010, 8:49 A.M. Eastern- updated 4:57p
> Mergers and economical data saw March start out in rally mode.
Mixed Data Saw Stocks Slightly Higher Friday
Look for a neutral-to-positive open Friday. Could turn mixed. GDP and earnings/ outlook in focus for the start. Mixed data (GDP and home sales) set the tone for a mostly flat session with stocks ending slightly higher. Friday, February 26, 2010, 8:47 A.M. Eastern- updated 2/27/2010- 9:48a
> GDP ramped up in the last quarter of 2009, above expectations.
U.S. Stock Market Sinks On Unemployment New Claims, Ends Well Off The Lows
Look for a negative open Thursday. Jobless claims, durable goods, and earnings/ outlook in focus for the start. Dramatic recovery by stocks Thursday, as unemployment new claims sent traders selling while a dramatic reversal came in early afternoon trade, sending equities back up, nearly to the unchanged line. An unexpected rise in jobless claims took its toll early, as traders sold out while Shorts added to the decline. Thursday, February 25, 2010, 8:56 A.M. Eastern- updated 4:51p
> Stocks sell off early, trending back to close with a moderate loss Thursday.
> Unemployment new claims rise unexpectedly- chart.
Stocks Up On Bernanke While The Dollar Recovers Early Loss
Look for a neutral flat open. Could turn mixed. Bernanke on the Hill and earnings/ outlook in focus for the start. The mid afternoon model-run has changed the Barometer Leading Indicator (BLI) to positive, indicating a new leg up for the stock market has been detected. Both Bernanke and Toyota Execs on the Hill today giving testimony, with Bernanke about the economy and Toyota getting hammered by Congress over the Automakers woes. It appears that the interest rate will be maintained near zero for some time to come, as the economy continues to struggle. Stocks went higher Wednesday recovering most of yesterdays loss. Wednesday, February 24, 2010, 8:52 A.M. Eastern- updated 4:37p
> Up day for stocks on words from Bernanke before Congress.
> Model upgrades Leading Indicator to positive.
Consumer Confidence And Home Sales Sink Stocks
Look for a neutral-to-negative open. Earnings/ outlook in focus for the start. Consumer confidence report disappointed traders Tuesday, sending shares lower as economic data continues to drive the markets. Tuesday, February 23, 2010, 8:49 A.M. Eastern- updated 4:37p
> Consumer confidence and home sales send stocks to a loss.
Market consolidates as Leading Indicator gets upgrade
Look for a neutral-to-positive open Monday. Earnings/ outlook in focus for the start. Morning model run is changing the BLI back to neutral. Choppy trading Monday as the stock market consolidate last weeks gain. Traders and investors are satisfied for now as they await Ben Bernanke's testimony later in the week. Oil prices up holding close to the $80 bbl mark. Monday, February 22, 2010, 8:45 A.M. Eastern- updated 4:46p
> Market consolidates Monday as traders await Ben Bernanke testimony.
U.S. Stocks Make It Four In A Row Amid Rate Hike Worries
Look for a neutral-to-negative open for Friday. Surprise discount rate hike by the Fed take world markets lower and U.S. futures negative for the open. Despite the surprise discount rate hike yesterday, stocks hung around the unchanged line and closed well into positive territory Friday. The rate hike announcement [yesterday] was most likely deliberate in the timing; not announced at the regular FOMC meeting, but ahead of next weeks Bernanke testimony on the Hill. U.S. traders shook off the opening "shot across the bow" to the now committed tightening of monetary policy on the FOMC calendar and ran stocks up for a fourth session. Friday, February 19, 2010, 8:51 A.M. Eastern- updated 4:54p corrected 5:46p
> Consumer price index rose slightly, core price fell.
U.S. Stocks Put Together Three Day Rally As Shares Spike Towards The Close
Look for a neutral-to-negative open Thursday. Jobless new claims and earnings/ outlook in focus for the start. Case in point where not so friendly economical data doest disturb the markets advance as shares rise for a third session. Even though the Bias was changed back to neutral Tuesday, and that we have been saying, for the past several sessions, that this rally can continue, the model that deals directly with the BLI still shows negative, although the metrics of the model are improving. This means there still is a chance the market downturn could resume. Model data indicates at least two more neutral to positive sessions would be needed to upgrade the BLI back to neutral. Thursday, February 18, 2010, 9:09 A.M. Eastern- updated 4:49p
> The Federal Reserve will increase the Discount Rate to 0.75 percent at midnight tonight, February 19, 2010. The announcement came after the close of the regular session this evening. Futures immediately moved lower and signal a lower open Friday. The Fed left the target for the Fed Funds rate unchanged.
> Manufacturing prices sharply higher in January, above expectations, causing some concern.
> Unemployment new claims jump dampening the open Thursday- chart.
Wednesday Sees Follow Through From Tuesdays Rally Gaining Near 1/2 Percent
Look for a neutral-to-positive open Wednesday. Housing data and earnings/ outlook in focus for the start. What was it, housing data, FOMC minutes, or just "its about time" that investors jump back into this market. Stocks added to yesterdays gains by almost 1/2 percent across the broader market. Models continue to look good for a sharp rise later in the week with an upgrade to the BLI likely. Wednesday, February 17, 2010, 8:49 A.M. Eastern- updated 5:00p
> Models split but lean towards another bull market rally in coming days.
Stocks Rally Prompting A Forecast Bias Change Back To Neutral
Look for a positive open Tuesday. Earnings/ outlook in focus for the start. Pre close model run is changing the Forecast Bias back to a neutral. Commodities jump Tuesday helping the stock market rally, sending the Dow into triple digits. Today's rally, brought to you by gold, silver, oil prices and a Dollar under pressure. If the Dollar resumes its trade lower, we could be in for a new leg up in stocks, but we will have to get by this week in good shape. Watch for a BLI change back to neutral, that would be a probable indication of higher market prices for shares. Tuesday, February 16, 2010, 8:48 A.M. Eastern- updated 10:00p
> Models indicate possible follow through for the rally, a new leg up.
> Pre close Barometer model-run changed the Forecast-Bias back to neutral.
Stocks Bounce Around All Week But End With Nice Weekly Gain
Look for a neutral-to-negative open. Earnings/ outlook in focus for the start as well as long holiday weekend. U.S. market will be closed Monday. Geopolitical news, the Dollar, stocks, and traders equal volatility this week but stocks win out by advancing overall with tech shares in the lead. Friday, February 12, 2010, 8:49 A.M. Eastern- updated 4:53p
> U.S. markets closed for President's Day holiday; markets will reopen Tuesday, normal schedule.
> Wild ride as traders eke out a one percent gain on the week.
> Euro and Yen under pressure, Dollar up, capping stocks Friday.
Fear Is Off The Table Again, Sending Stocks Higher Wednesday
Look for a neutral-to-negative open Thursday. Could turn mixed. Jobless new claims and Europe financial problems as well as earnings/ outlook in focus for the start. Traders in control taking stocks back up after Europe appears to be helping, in some way, Greece's financial problems. The major indexes posted a better than one percent gain on the session. Thursday, February 11, 2010, 8:55 A.M. Eastern- updated 4:45p
> Unemployment new claims takes large drop to 440,000 last week- see chart.
Europe List Of Worries Grows Capping U.S. Stock Market
Look for a neutral flat open. Could turn mixed. Earnings/ outlook in focus for the start. The stock market is unable to get out of the up- down- bouncing around mode, as traders are now dealing with a growing list of European worries of more failed states. In addition, Fed Chief Bernanke released a report of its Fed exit strategy that brings up concerns over the tightening of the Monetary Policy. Stocks ended flat in negative territory with Futures pointing to a flat open Thursday. Wednesday, February 10, 2010, 8:56 A.M. Eastern- updated 4:53p
> Stocks flat on continued Europe concerns and Fed report.
Fears Wane Sending Stocks Ramping Up Tuesday
Look for a positive open Tuesday. Earnings/ outlook in focus for the start. Fear subsides sending stocks back up recovering yesterdays loss. Unless there is a follow-on rally Wednesday, all this was Tuesday is a knee-jerk back from Mondays sell off. The Forecast does indicate a trading range for the short-term. Unless some major event can kick stocks up or down, models indicate a trading range for the near future. Tuesday, February 9, 2010, 8:49 A.M. Eastern- updated 4:47p
Fear Grips Traders Monday Sending Stocks Lower
Look for a neutral flat open Monday. Could turn negative. Earnings/ outlook in focus for the start. Greece is the latest state to grasp traders fear as stocks slip in afternoon session to the lows of the day. Monday, February 8, 2010, 8:49 A.M. Eastern- updated 4:39p
Dramatic Reversal Friday As Stocks Move Off The Lows Into Positive Territory
Look for a mixed open. Jobs payroll unemployment report and earnings/ outlook in focus for the start. U.S. stock market makes a comeback after being down in triple digits Friday. Next week, especially the early sessions, may give better evidence that this could be a bottom to the mini correction. The NASDAQ led the comeback closing up near 3/4 percent with the broader market eking out a small gain. Friday, February 5, 2010, 8:54 A.M. Eastern- updated 4:35p
> Model data continues to suggest that we could go higher and end the 4-week correction- pullback. If Monday is at least neutral, we should see a Bias upgrade to neutral.
> Unemployment rate fell to 9.7 percent, much better than had been expected.
> The economy lost another 20,000 jobs in January.
Look for a negative open Thursday. Jobless new claims and earnings/ outlook in focus for the start. Traders pull the plug on Wall Street Thursday, selling nearly every stock at hand. Prices plunge on recovery worries, specifically relating to Europe and U.S. job market. The major indexes dropped 2 to 3 percent. Barometer model data got dinged again with today's performance that could lead to a downgrade of the Forecast to negative. A negative Forecast would mean the market could drop substantially from current levels. Thursday, February 4, 2010, 9:01 A.M. Eastern- updated 4:41p
> Model data indicates a slight chance that the stock market could go up from Thursdays big drop. Its not 100 percent but there is an indication in the data pointing to a bottom to this correction.
> Jobless new claims increases to 480,000- chart.
Blue Chip And NASDAQ Stocks Mixed, Broader Market Off By 1/2 Percent
Look for a neutral-to-negative open. ADP jobs report and earnings/ outlook in focus for the start. Investors end two days of gains as selling pressure over jobs data came into play Wednesday. Stocks, measured by the major indexes, ended mixed with the broader market retreating 1/2 percent. Wednesday, February 3, 2010, 8:49 A.M. Eastern- updated 4:25p
Housing And Earnings Get Two Positive Sessions In A Row
Look for a neutral flat open Tuesday. Could turn mixed. Earnings/ outlook in focus for the start. Two in a row as investors add to yesterdays gain, ahead of the payroll jobs report Friday. Barometer model metrics turning around, could see forecast upgrades if market performance continues positive. Tuesday, February 2, 2010, 8:46 A.M. Eastern- updated 4:34p
Starting February Right With A One Plus Percent Gain On The Session
Look for a neutral-to-positive open Monday. Earnings/ outlook in focus for the start. Factory order data (ISM report) and consumer income and spending set the tone for today's advance, recovering some of the loss generated in January. Monday, February 1, 2010, 8:48 A.M. Eastern- updated 4:50p
> ISM reported the PMI at 58.4 percent for January. A PMI over 50 indicates economic expansion in manufacturing.
Tech Leads The Broader Market Lower Continuing The Sell Off
Look for a neutral-to-positive open for Friday. GDP and earnings/ outlook in focus for the start. Selling continued Friday to end January in red ink as investors now look to February for better footing. January sees red as the major indexes sink into negative territory, prompting the Forecast to be cut to caution. Friday, January 29, 2010, 8:49 A.M. Eastern- updated 4:49p Easter
> GDP 5.7 in Q4, well above estimates, economy churning- chart.
Forecast Turns To Caution On Worsening Market Fundamentals
Look for a neutral-to-positive open. Could open mixed. Jobless new claims, Durable Goods report and earnings/ outlook in focus for the start. Mid afternoon model run is changing the Forecast to caution. Stocks continue moving lower as investors are becoming more concerned over the economic recovery. Thursday, January 28, 2010, 8:49 A.M. Eastern- updated 4:54p Easter
> Ben Bernanke to get confirmed Thursday for another term as Federal Reserve Chief, greatly relieving concerns for most marketeers.
> Market Barometer Forecast gets downgraded to caution Thursday.
> Jobless new claims disappoints, decreasing just 8,000 last week- chart.
Major Indexes Jump Around The Unchanged Line, Head Higher Into Positive Territory
Look for a neutral-to-negative open Wednesday. Fed day and earnings/ outlook in focus for the start. Investors saw the market underwater for most of the session, but after the FOMC announced no change to monetary policy, shares headed higher to post a gain. Wednesday, January 27, 2010, 8:49 A.M. Eastern- updated 4:47p Easter
> Thursday and Friday could be volatile if initial new claims and GDP data come in with unexpected results.
> Fed FOMC keeps rates steady at 0-1/4 percent, statement virtually unchanged.
Stocks Were Unable To Hold Positive Territory Tuesday, Causing The Forecast Bias To Get Downgraded
Look for a neutral-to-negative open. Earnings/ outlook in focus for the start as well as the FOMC meeting and Bernanke confirmation hearing. The pre close Barometer model changed the Forecast-Bias to negative. Tuesday, January 26, 2010, 8:49 A.M. Eastern- updated 4:38p Easter
> U.S. markets could get real volatile with the Fed FOMC on deck for tomorrow, jobless new claims Thursday, Bernanke "hopeful" confirmation, and GDP report Friday- makes you want to raise cash.
> A caution Forecast could be next. What does that really mean?
> A disappointing session today, as confidence in the ability of stocks to advance is weakening, causing the forecast-bias to be downgraded.
Market Reverses A Three Day Sell Off, Gains Attributed To Bernanke Anti Foe Movement
Look for a positive open Monday. Earnings/ outlook in focus for the start. Bernanke confirmation opposition tempered. Stocks end well off the high of the session, reversing last weeks big downturn. Political wrangling continues as investors vote with each buy and sell on Bernanke uncertainty. Monday, January 25, 2010, 8:52 A.M. Eastern- updated 4:46p Easter
Another Sell Off As More Government Talk And Bernanke Uncertainty Builds Fear
Look for a neutral-to-negative open Friday. Earnings/ outlook in focus for the start. Afternoon model run has changed the BLI to negative. Stocks, for a third day, fell as the Presidents plan to cap big banks continue to eat away at the markets and an additional fear that Bernanke will have trouble in confirmation took its toll on Wall Street. Friday, January 22, 2010, 8:49 A.M. Eastern- updated 6:02p Easter
> Big losses this week, but don't panic, it might just be a correction. See chart.
> Today's downgrade of the BLI indicates that the stock market has entered a period where, if not reversed within another several S&P 500 percentage points, could cause a direction change from a bullish rally mode to a more substantial bearish move lower.
> Afternoon model-run changed the Leading Indicator to negative.
Market Sells Off On Threat Of Big Bank Capping
Look for a neutral-to-negative open. Could turn positive. Earnings/ outlook in focus for the start as well as initial jobless claims data. S&P 500 survives the sell off, holds a slight gain for the year, Dow and NASDAQ give-up YTD gain. Thursday, January 21, 2010, 9:28 A.M. Eastern- updated 4:38p Easter
> Tough two days for stocks, but chart shows little effect compared to the run-up of the March rally.
> U.S. stocks under a little pressure from China's market, Government wrangling, and some believe overbought condition, primed the market for a fall with probably a follow-on threat Friday.
> Stocks slammed again as nearly all the 2010 gain for the year have been reversed.
> Jobless new claims move higher by 36,000 last week- chart.
Volatility Picks Up As Investors Dump Stocks Wednesday
Look for a negative open Wednesday. Earnings/ outlook in focus for the start. Shares end in a sell-off Wednesday but well off the lows of the session as investors fear of a stagnate economic recovery reasserts itself. The DJIA and S&P 500 index were lower on the session by 1.1 percent, the NASDAQ was down by 1.3 percent. Wednesday, January 20, 2010, 8:54 A.M. Eastern- updated 10:07p Easter
> With today's sell off, the S&P 500 is back where it was 10-sessions ago.
> GDP for China came in at 10.7 percent, slightly higher than most had expected.
Investors rally the stock market recovering Fridays loss
Look for a neutral flat open. Could turn positive. earnings/ outlook in focus for the start. Stocks rally Tuesday sending stocks back up recovering all of Fridays loss and then some. Tuesday, January 19, 2010, 8:54 A.M. Eastern- updated 4:22p Easter
> Republican win in Massachusetts could add a measure of gridlock, inspiring the markets- Futures indicate a slight negative open.
> Investors reverse Fridays loss, taking stocks back up.
> IBM earnings beat, upbeat outlook but stock struggles in after hours.
Stocks down near 1 percent ahead of long holiday weekend
Look for a neutral-to-negative open. Consumer price report and earnings/ outlook in focus for the start. JP Morgan earnings miss scares investors to selling as the stock market gives up near 1 percent for the day and ends negative for the week. Friday, January 15, 2010, 8:49 A.M. Eastern- updated 4:21p Easter
> U.S. markets closed for holiday. Will reopen Tuesday, normal schedule.
> Both CPI index and core index rose 0.1 percent in December.
2010 Starts Strong With Gains Nearly Topping 3 Percent For The Broader Market
Look for a neutral to negative open Thursday. Jobless new claims data and earnings/ outlook in focus for the start. Even with a setback Tuesday, stocks continue to climb higher adding to the Y-T-D percentages which are approaching 3 percent. Thursday, January 14, 2010, 8:54 A.M. Eastern- updated 10:38p Easter
> New unemployment claims increase by 11,000 to 444,000- chart.
Market reverses direction Wednesday recovers yesterdays loss
Look for a neutral-to-positive open. Earnings/ outlook in focus for the start. Trade deficit data and Bankers testifying before a Congressional special panel didn't phase traders Wednesday as a near steady climb higher for stocks recovering yesterdays Alcoa inspired sell off. Wednesday, January 13, 2010, 8:54 A.M. Eastern- updated 5:42p Easter
Alcoa inspires selling as stocks drops on earnings concern
Look for a negative open Tuesday. Alcoa earnings in focus for the start. Alcoa's miss on earnings and other not so friendly news keeps stocks from advancing although the major indexes ended off the low of the session. Tuesday, January 12, 2010, 8:52 A.M. Eastern- updated 4:39p Easter
> Past 10 sessions we've had 3-positive, 3-negative, and the rest mixed. This indecision by investors and traders could cause a sell off, at this point.
> Evening model run shows a possible downgrade of the BLI- the BLI is used to detect market-direction change. It will be important to see stocks do better over the next couple of sessions.
> Alcoa pays for its earnings miss, down by 11 percent in the regular session.
Dow And The Broader Market Sees A Gain, Tech Lags Ahead Of Earning
Look for a neutral-to-positive open Monday. Earnings/ outlook in focus for the start. Alcoa started 4th. Quarter earnings with its report after the close. Results were less than expected setting the stage for a possible problem in Tuesdays market. Monday, January 11, 2010, 8:49 A.M. Eastern- updated 9:39p Easter
> Alcoa earnings disappoint, could cause trouble Tuesday.
Tech rallies, broader market ramps up at the close for a gain
Look for a neutral-to-negative open for Friday. Jobs and unemployment-rate report in focus for the start. Nice gain to start the year but mixed economical data could signal a tough but profitable year ahead. Late session surge by the broader market sees a gain. Friday, January 8, 2010, 8:49 A.M. Eastern- updated 5:52p Easter
> Unemployment rate holds 10 percent.
> Corporations lost 85,000 jobs in December, more than had been expected.
> Government payroll report showed November jobs revised up to a gain but December disappoint investors sending shares lower Friday morning.
Broader Market Eked Out A Small Gain Ahead Of Jobs Data
Look for a neutral-to-negative open. Jobless new claims data and December retail sales data in focus for the start. If payroll data can't break the market one way or the other then stocks could trade flat all year long, barring Fed intervention; almost another flat session Thursday but the broader market rose to end up with a nice gain while tech lagged. Thursday, January 7, 2010, 8:49 A.M. Eastern- updated 4:56p Easter
> Stock market is hoping for a positive jobs number or a very very small negative number.
> Jobless new claims tick up- trend moves lower- chart.
Stocks On Two Day Stagnate Run As Marketeers Await Fresh Data And Earnings
Look for a neutral flat open. Earnings season is in focus for the start. Stocks go flat for the second session as the market gets ready for earnings next week and payroll/ jobs data tomorrow and Friday. Wednesday, January 6, 2010, 8:53 A.M. Eastern- updated 4:50p Easter
> Manufacturing expanded in December, but will jobs? Thursdays jobless new claims and Fridays payroll will get investors attention.
Stocks Go Mixed For Second Session Of New Year
Look for a neutral flat open Tuesday. Investors rest from Mondays rally sending the market averages to close mixed. Tuesday, January 5, 2010, 8:49 A.M. Eastern- updated 5:43p Easter
> Pending home sales data and factory orders send mixed signal, sending shares to close mixed Tuesday after new year rally.
New Year Sees Rally, Inspired By Good Data And Intel Upgrade
Look for a positive open. The afternoon model run has changed the Barometer Leading Indicator (BLI) back to neutral. Intel and friendly economical data helped traders send stocks to rally Monday, the first trade of the year. Monday, January 4, 2010, 9:07 A.M. Eastern- updated 5:53p Easter
> Mid afternoon model run changed the Leading Indicator to neutral.
Flood Of Selling Hits In Last Minutes Of 2009 Regular Session Trading
Look for a neutral-to-positive open for the last trading day of 2009. Jobless claims and end of year in focus for the start. 2009 trading goes out with a flurry of selling, but still holds onto big gains for the year. Thursday, December 31, 2009, 9:15 A.M. Eastern- updated 10:50p Easter
> Markets are scheduled to reopen Monday, normal time.
> Jobless new claims sink by 22,000- chart.
Stocks End Flat As Investors Prepare For End Of Year
Look for a neutral-to-negative open. Light volume sees real flat trading as year draws to close. NASDAQ ended up 0.1 percent, the Dow and S&P 500 ended virtually unchanged. Wednesday, December 30, 2009, 9:18 A.M. Eastern- updated 4:50p Easter
Santa Clause Rally Turns Into New Years Rally
Look for a neutral-to-positive open for Monday. During slow periods, models have a different rule set to go by, thus, the Leading Indicator model will maintain a negative BLI status. Monday, December 28, 2009, 9:14 A.M. Eastern- updated 12:15a Easter
Markets closed for Christmas holiday
Markets in the U.S. are closed to observe Christmas Day holiday. Markets are scheduled to reopen Monday, normal times. Friday, December 25, 2009, 10:25 A.M. Eastern
Investors Take Another Look At Home Sales Data That Stifles The Broader Market
Look for a neutral-to-positive open. Futures indicate a positive start. Home sales data turns yesterdays rally into a moderate gain for the broader market while tech still is pumped up. S&P 500 is up against the upper limit of the trading range and could break out on top or move lower, which is more likely. Wednesday, December 23, 2009, 7:51 A.M. Eastern- updated 12:25a Eastern Next >>> more daily stock market reports (Archives). Archives can be slow loading...
Home Page News Archive Late Breaking News
|
MARKET BAROMETER CENTERS |
Back to Market-News [US and world news]
Markets Home Page Investing Home Page News Home Page Barometer home Page
Buy/Sell/Hold your stock Barometer Forecast Technical Analysis Stock Market Forecast
BUY STOCKS DIRECTLY FROM COMPANIES
HOW TO INVEST IN THE STOCK MARKET
HOW TO BUDGET USING SPREADSHEET AND PRODUCTS