DAILY STOCK MARKET FORECAST

12/31/05 Weekend- New Year's Eve- New Year's Day-

Markets closed: |  U.S. markets closed Monday in observance of New Years Day. Markets are scheduled for normal business Tuesday January 3.   1-2-2006 Monday 10:57a Eastern  

12/30/05 Friday-

Weak start seen for last trade day: |  Look for a neutral-to-negative open.   12-30-05 Friday 9:27a Eastern  

12/29/05 Thursday-

Thursday start seen flat: |  Look for a neutral, flat open. Could turn mixed.   12-29-05 Thursday 9:26a Eastern

Next to last trade sees red: |  Stocks end lower Thursday with one more trade-day left in 2005;   DJIA closed slightly off by 0.1 percent, the S&P500 was down 0.3 percent, and the NASDAQ was down 1/2 percent. The forecast continues to indicate CAUTION with a neutral forecast-bias.   12-29-05 Thursday 4:52p Eastern  

12/28/05 Wednesday-

Wednesdays open seen higher: |  Look for a neutral-to-positive open.   12-28-05 Wednesday 9:24a Eastern

Up day Wednesday: |  U.S. stock market major averages closed with slight gain Wednesday with the DJIA gaining 0.2 percent, the S&P500 and NASDAQ gaining 0.1 percent. The forecast continues to indicate CAUTION with a neutral forecast-bias.   12-28-05 Wednesday 4:50p Eastern     

12/27/05 Tuesday-

Tuesdays open seen up: |  Look for a neutral-to-positive open.   12-27-05 Tuesday 9:24a Eastern

Averages move lower Tuesday: |  Stocks get sold down Tuesday with the DJIA, NASDAQ, and S&P500 all posting 1 percent loss. With just a couple of days left in the year, will the averages post gains or not. The forecast continues to indicate CAUTION with a neutral forecast-bias.    12-27-05 Tuesday 4:44p Eastern  

12/24/05 Weekend- Christmas- Hanukkah- holiday-

U.S. market closed Monday: |  U.S. markets closed in observance of Christmas day.  Markets will reopen for regular sessions Tuesday.   12-26-05 Monday 11:34a Eastern  

12/23/05 Friday-

Flat start seen for Friday: |  Look for a neutral, flat open.   12-23-05 Friday 9:25a Eastern

Market ends flat ahead of holiday: |  U.S. stock market ends nearly unchanged in session ahead of Christmas-Hanukkah weekend-holiday. The DJIA ended slightly lower by 0.1 percent, the S&P500 was flat on the session, and the NASDAQ ended slightly higher by 0.1 percent. The forecast continues to indicate CAUTION with a neutral forecast-bias.   12-23-05 Friday 4:38p Eastern  

12/22/05 Thursday-

Look for a higher start Thursday: |  Look for a neutral-to-positive open.   12-22-05 Thursday 9:27a Eastern

Positive session Thursday: |  Stocks gain Thursday with the tech heavy NASDAQ outperforming its peer indexes. The DJIA closed with a 1/2 percent gain, the S&P500 was up by 0.4 percent, and the NASDAQ closed higher by 0.7 percent.  The forecast continues to indicate CAUTION with a neutral forecast-bias.   12-22-05 Thursday 4:47p Eastern  

12/21/05 Wednesday-

Positive start seen for Wednesday: |  Look for a neutral-to-positive open.   12-21-05 Wednesday 9:27a Eastern

Major indexes end well off the highs: |  What a bummer! We had a rally-  on GDP data this morning-   but stock indices end well off the highs of the day to close with a respectable gain. DJIA and S&P500 closed up by 0.3 percent, the NASDAQ held on with a 0.4 percent gain for the day. The forecast continues to indicate CAUTION with a neutral forecast-bias.   12-21-05 Wednesday 5:00p Eastern  

12/20/05 Tuesday-

Tuesday's open: |  Look for a neutral-to-positive open.   12-20-05 Tuesday 9:26a Eastern

Stocks go south again Tuesday: |  Stocks continue to meander and trend lower as the major indices closed slightly off Tuesday;  DJIA closed lower by 0.3 percent, the S&P500 and NASDAQ ended flat. The forecast continues to indicate CAUTION with a neutral forecast-bias.   12-20-05 Tuesday 4:44p Eastern  

12/19/05 Monday-

Mondays open: |  Look for a neutral-to-positive open.   12-19-05 Monday 9:28a Eastern  

Stocks go south Monday: |  The DJIA closed Monday lower by 0.4 percent, the S&P500 lost 0.6 percent, and the NASDAQ got hammered by 1.3 percent. The forecast continues to indicate CAUTION with a neutral forecast-bias.   12-19-05 Monday 4:41 Eastern  

12/17/05 Weekend-

12/16/05 Friday-

Higher start seen for Friday: |  Look for a neutral-to-positive open.   12-16-05 Friday 9:26a Eastern

Stocks end lower Friday: |  Options expirations day sees little movement in the indexes as investors opt to wait on economical [data] out next week. The DJIA ended slightly lower by 0.1 percent, the S&P500 ended off by 0.3 percent, and the NASDAQ was down by 0.4 percent. The forecast continues to indicate CAUTION with a neutral forecast-bias.   12-16-05 Friday 5:35p Eastern  

12/15/05 Thursday-

Neutral start seen for Thursday: |  Look for a neutral-to-positive open.   12-15-05 Thursday 9:27a Eastern

Stocks meander Thursday: |  Stocks meander most of the day and end just under the unchanged-line with the S&P500 and NASDAQ reporting a slight loss off 0.1 percent, and the DJIA ended flat. The forecast continues to read CAUTION with a neutral forecast-bias.   12-15-05 Thursday 5:39p Eastern  

12/14/05 Wednesday-

Weak open seen for Wednesday: |  Look for a neutral to mixed open.   12-14-05 Wednesday 9:29 Eastern

Indices end Wednesday mixed: |  Major indexes end Wednesday in mixed mode amid little moving-news for investors to trade on. Yesterdays Fed statement boosted positive sentiment among traders/investors that sends stocks higher-  tech stocks lag. The DJIA ended higher by 0.6 percent, the S&P500 was higher by 0.4 percent, while the NASDAQ slipped, slightly, by 0.1 percent. The forecast continues to read CAUTION with a neutral forecast-bias.   12-14-05 Wednesday 5:47p Eastern  

12/13/05 Tuesday-

Flat start seen for Fed day: |  Look for a neutral, flat open.   12-13-05 Tuesday 9:25a Eastern

Fed sends stocks higher Tuesday afternoon: |  Investors react positive to Fed-statement that could indicate the Fed is near the end of the rate-hike-cycle. Tomorrow will be a good measure as traders most likely will send the market higher-  but that is a guess at this point, all other things equal. The DJIA rose 1/2 percent, S&P500 rose by 0.6 percent, and the NASDAQ underperformed but ended higher by 0.2 percent. The forecast continues to reads CAUTION with a neutral forecast-bias.   12-13-05 Tuesday 4:58p Eastern     

12/12/05 Monday-

Positive open seen for Monday: |  Look for a neutral-to-positive open.   12-12-05 Monday 9:27a Eastern

Flat market ahead of the Fed: |  Stocks end flat ahead of the Fed, where hope is the Fed Chief will hint to any upcoming policy change, in the accompanying statement;  a 25 basis point hike is expected tomorrow. The DJIA ended slightly lower by 0.1 percent, the S&P500 slightly higher by 0.1 percent, and the NASDAQ was higher by 0.2 percent. The forecast reads CAUTION with a neutral forecast-bias.   12-12-05 Monday 5:19p Eastern  

12/10/05 Weekend-

12/9/05 Friday-

Friday's open seen as neutral: |  Look for a neutral, flat open. Could turn mixed.   12-9-05 Friday 9:27a Eastern

Market advances ahead of Fed week: |  The popular averages trend into positive territory Friday afternoon ahead of Fed week when investors hope for a hint to when the FOMC will go neutral on rate-hike policy. The DJIA rose 0.2 percent, the S&P500 rose 0.3 percent, and the NASDAQ outperformed with a 1/2 percent gain. The forecast reads CAUTION with a neutral forecast-bias.   12-9-05 Friday 4:59p Eastern  

12/8/05 Thursday-

Flat to mixed open seen Thursday: |  Look for a neutral, possibly mixed open.   12-8-05 Thursday 9:25a Eastern

Stocks end weak Thursday: |  Stocks meander Thursday to end off the unchanged-line amid higher oil and gas prices. Intel puts its two-cents worth in which continues the negative sentiment after-hours. The DJIA lost 1/2 percent, the NASDAQ was lower by 0.3 percent, and the S&P500 was slightly lower by 0.1 percent. The forecast reads CAUTION with a neutral forecast-bias.   12-8-05 Thursday 5:06p Eastern  

12/7/05 Wednesday-

Flat open seen Wednesday: |  Look for a neutral, flat open. Could turn mixed.   12-7-05 Wednesday 9:27a Eastern

Indices move lower Wednesday: |  Market ends in negative territory Wednesday, well off the lows of the session. The DJIA and NASDAQ ended lower by 0.4 percent, the S&P500 was off by 1/2 percent. The forecast-bias was downgraded during midmorning model run and now stands at neutral- the forecast now reads CAUTION with a neutral bias.   12-7-05 Wednesday 5:02p Eastern  

12/6/05 Tuesday-

Mostly positive start set for Tuesday: |  Look for a neutral-to-positive open.   12-6-05 Tuesday 9:26a Eastern

Stocks move higher Tuesday: |  Major market indices fall sharply in last hour of trade to end positive-  but well off the highs of the session. Economical data [factory orders - productivity and cost] set the tone for the day with the indices establishing nice gains but move lower to close well off the session highs. The DJIA closed up by 0.2 percent, the S&P500 and NASDAQ moved slightly higher by 0.1 percent. The Barometer forecast indicates CAUTION with a positive forecast-bias.   12-6-05 Tuesday 5:36p Eastern  

12/5/05 Monday-

Weak start seen for Monday: |  Look for a neutral-to-negative open.   12-5-05 Monday 9:27a Eastern

Weak session Monday: |  Major indexes drop early and trend sideways during Mondays session. The DJIA moves lower by 0.4 percent, the S&P500 was lower by 0.2 percent, and the NASDAQ lost 0.7 percent. The Barometer forecast indicates CAUTION with a positive forecast-bias.   12-5-05 Monday 5:06p Eastern  

12/3/05 Weekend-

12/2/05 Friday-

Neutral open seen for Friday: |  Look for a neutral, flat open. Could turn mixed.   12-2-05 Friday 9:27a Eastern

Stock major indexes end in neutral Friday: |  Major indices end Friday in neutral on nonfarm payroll data released this morning. The DJIA closed lower by .03 percent, the NASDAQ was up by 0.3 percent, and the S&P500 closed flat. The forecast indicates CAUTION with a positive bias.   12-2-05 Friday 5:07p Eastern  

12/1/05 Thursday-

Positive start seen for Thursday: |  Look for a positive open and start.   12-1-05 Thursday 9:27a Eastern

Market rallies ahead of payroll data: |  December gets off to a positive start with the major indexes rising better than 1 percent, amid economical data [jobless first time claims - manufacturing report] ahead of the all important nonfarm payroll report tomorrow that will indicate job creation and the unemployment rate-  month over month. The forecast-bias was changed back to positive during the midday model run. The DJIA rose 1 percent, the S&P 500 rose 1.2 percent and the NASDAQ rose 1.5 percent. The forecast indicates CAUTION with a positive forecast-bias. The forecast is subject to upgrade.   12-1-05 Thursday 5:05p Eastern  

11/30/05 Wednesday-

Mixed start seen for Wednesday: |  Look for a neutral, flat open. Could turn mixed.   11/30/05 Wednesday 9:28a Eastern

Dow and S&P500 end lower, NASDAQ flat: |  [no close extract] The DJIA closed lower by 0.8 percent, the S&P500 was lower by 0.6 percent, the NASDAQ ended slightly positive. The forecast-bias was downgraded by the pre-close model and now is neutral. The forecast now indicates CAUTION with a neutral forecast-bias.   11/30/05 Wednesday 5:35 Eastern  

11/29/05 Tuesday-

Higher start seen for Tuesday: |  Look for a positive open and start.   11/29/05 Tuesday 9:25a Eastern

Market ends Tuesday mixed: |  Economic data [new home sales  -  consumer confidence] set a positive tone early for stocks but buyers were sidelined as the major indexes trended lower all day to end mixed and flat with the DJIA and S&P nearly unchanged and the NASDAQ lower by 0.3 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.   11/29/05 Tuesday 5:00p Eastern  

11/28/05 Monday-

Monday's start looks flat: |  Look for a neutral-to-positive open.   11/28/05 Monday 9:27a Eastern

Profit taking Monday: |  Investors pullback a bit after very positive market-run over the previous seven-sessions. The DJIA lost 0.4 percent, S&P500 was off by 0.9 percent, and the NASDAQ lost 1 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.   11/28/05 Monday 5:07p Eastern  

11/26/05 Saturday-

11/25/05 Friday- Black Friday-

Slow, flat start seen for Friday: |  Look for a neutral, flat open.   11/25/05 Friday 9:26a Eastern

Half-day session ends in positive territory: |  Half-day session ends flat, but positive, as black Friday gets off to a good holiday retail season start. The DJIA and NASDAQ move slightly higher by 0.1 percent, the S&P500 was higher by 0.2 percent. The forecast continues to show CAUTION with a positive forecast-bias and is subject to change. Models show somewhat of an extended run [last six-days] and indicate a pull back-  slight correction-  is due.   11/25/05 Friday 2:22p Eastern  

11/24/05 Thursday- Thanksgiving Day holiday-

U.S. markets closed: |  Markets are closed Thursday for Thanksgiving holiday;  stock market opens regular time tomorrow for half day session.   11/24/05 Thursday 10:43a Eastern     

11/23/05 Wednesday-

Mixed start possible Wednesday: |  Look for a neutral, possibly flat mixed open.   11/23/05 Wednesday 9:28a Eastern

Five-day rally continues: |  Buyers chase stocks higher for a fifth-day of market gains on rate-hike and oil-price relief hopes. With Thanksgiving holiday tomorrow [Thursday] and a partial trade session Friday [regular session to close at 1:00 et.], investors ramp prices higher to end Wednesday, off the highs of the session, with nice gains with the DJIA and S&P500 higher by 0.4 percent, the NASDAQ up by 0.3 percent. The forecast continues to show CAUTION with a positive forecast-bias and is subject to change. Models indicate a somewhat extended run [last five-days] and indicate a pull back-  slight correction-  is due.   11/23/05 Wednesday 5:07p Eastern  

11/22/05 Tuesday-

Weak start seen for Tuesday: |  Look for a neutral-to-negative open.   11/22/05 Tuesday 9:26a Eastern

Stocks continue rally with momentum: |  U.S. stocks continue their move higher today as investors got treated to growing concern among FOMC members of the risks of continuing rate-hikes. Minutes of the Fed meeting indicated to analysts that continuing rate-hikes in 2006 will be limited, possibly to just a few more hikes. The major indexes ended with very positive momentum, with the DJIA, S&P500, and NASDAQ ending 1/2 percent higher. The forecast continues to indicate CAUTION with a positive bias;  the forecast continues to be subject to upgrade.   11/22/05 Tuesday 5:11p Eastern  

11/21/05 Monday-

Neutral start seen for holiday week: |  Look for a neutral, probably flat open.   11/21/05 Monday 9:27a Eastern

Market advances Monday continuing the move higher: |  Very productive market advances better than 1/2 percent amid mixed news of the day [GM layoffs and Boeings orders]. Holiday week sees the first day take off with the DJIA and S&P500 closing higher by 1/2 percent, the NASDAQ higher by 0.7 percent. The forecast-bias was upgraded Friday evening to positive on continuing positive performance of the market. The forecast reads CAUTION with a positive forecast-bias. The forecast is subject to upgrade.   11/21/05 Monday 5:07p Eastern  

11/19/05 Weekend-

11/18/05 Friday-

Higher start seen Friday: |  Look for a neutral-to-positive open.   11/18/05 Friday 9:23a Eastern

Stock indices continue slow move higher: |  Stocks do well Friday after a slow start, helped by M&A activity [Cisco / Scientific Atlanta and others] as oil prices continue moving lower, threatening to slip below $55 bbl. The DJIA and S&P500 closed higher by 0.4 percent, the NASDAQ higher by 0.3 percent. The forecast reads CAUTION with a neutral forecast-bias and is subject to change.   11/18/05 Friday 5:04p Eastern  

11/17/05 Thursday-

Higher open seen for Thursday: |  Look for a neutral-to-positive open with NASDAQ leading.   11/17/05 Thursday 9:27a Eastern

Dow meanders while NASDAQ leads Thursday midday: |  NASDAQ takes the lead with the S&P500 not to far behind-  Dow lingers near unchanged midday Thursday, amid economical data [jobless claims and housing data] with the NASDAQ higher by 0.6 percent, the S&P500 up by 0.4 percent, and the DJIA slightly higher by 0.1 percent. The forecast continues to indicate CAUTION.   11/17/05 Thursday 12:06p Eastern

Last hour sees momentum pick up: |  Market picks up momentum in last hour of trade Thursday to end-up with a major advance while the price of oil continues to slip deeper into the 50's. Jobless initial claims and other economical data seems to have inspired buyers back into the market with the DJIA closing higher by 0.4 percent, the S&P500 up by 0.9 percent, and the NASDAQ outperforming with a 1.5 percent gain. The forecast reads CAUTION with a neutral forecast-bias and is subject to change.   11/17/05 Thursday 5:09p Eastern   [back]

11/16/05 Wednesday-

Mostly positive start seen Wednesday: |  Look for a neutral-to-positive open.   11/16/05 Wednesday 9:27a Eastern

Another slow day: |  Stocks continue to meander midweek on little news [Bernanke was given the OK by the Senate Banking Committee - Consumer price index data]. The DJIA ended slightly lower by 0.1 percent, the S&P500 rose by 0.2 percent, and the NASDAQ was up slightly by 0.1 percent. The forecast reads CAUTION with a neutral bias.   11/16/05 Wednesday 5:49p Eastern  

11/15/05 Tuesday-

Another weak open seen for Tuesday: |  Look for a neutral, flat open.   11/15/05 Tuesday 9:27a Eastern

Stock market ends lower Tuesday: |  Major indexes meander most of the day amid Bernanke news... and economical reports [producer prices and retail sales] and ended lower with the DJIA ending slightly lower by 0.1 percent, the S&P500 lower by 0.4 percent, and the NASDAQ off by 0.7 percent. The forecast bias was downgraded to neutral from positive during the afternoon model run. The forecast now reads CAUTION with a neutral forecast-bias.   11/15/05 Tuesday 5:45p Eastern  

11/14/05 Monday-

Weak start seen for Monday: |  Look for a neutral, flat open.   11/14/05 Monday 9:27a Eastern

Weak end to Monday's meandering: |  Stocks meander Monday amid little news. The DJIA closed slightly higher by 0.1 percent, the S&P500 and NASDAQ closed slightly lower by 0.1 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.   11/14/05 Monday 5:09p Eastern  

11/12/05 Weekend-

11/11/05 Friday-

Flat open seen for Friday: |  Look for a neutral-to-positive open.   11/11/05 Friday 9:26a Eastern

Slow positive day Friday: |  Stock indexes stair-step Friday to end higher on a slow holiday session. The DJIA rose 0.4 percent, the S&P500 and NASDAQ rose 0.3 percent. The forecast continues to indicate CAUTION with a positive bias.   11/11/05 Friday 4:51p Eastern  

11/10/05 Thursday-

Weak open seen for Thursday: |  Look for a neutral, flat open;  probably trending slightly positive in the early going.   11/10/05 Thursday 9:24a Eastern

Rally kicks off Thursday midday: |  Stock market takes off Thursday midday while price of oil continues to fall. With little real bad news, investors ramp-up buying and send the indexes higher looking to continue the trend Friday and into next week-  a failed attempt to rally yesterday occurred when terror attacks gave pause to the market.

The DJIA ended higher by 0.9 percent, the S&P500 was higher by 0.8 percent, and the NASDAQ ended up by 1 percent. The Barometer forecast continues to indicate CAUTION with a positive bias.   11/10/05 Thursday 5:12p Eastern  

11/9/05 Wednesday-

Flat open seen for Wednesday: |  Look for a neutral, flat open.   11/9/05 Wednesday 9:25a Eastern

Investors focus on attacks in Jordan: |  Indexes trended from negative territory midday but terror attacks in Jordan gave investors something else to focus on;  stock managed to hold onto slight gains. The DJIA closed slightly higher by 0.1 percent, the S&P500 and NASDAQ did better with a 0.2 percent gain on the day. The forecast indicates CAUTION with a positive forecast-bias.   11/9/05 Wednesday 5:27p Eastern  

11/8/05 Tuesday-

Lower start seen Tuesday: |  Look for a neutral-to-negative open.   11/8/05 Tuesday 9:27a Eastern

Toll Brothers and the market move lower Tuesday: |  Market major indexes end lower Tuesday along with Toll Brothers, a leading national home builder, as the company, today, reduced 2006 guidance that set the tone for investors. The Barometer models [futures models] reaffirmed prediction that there is a "higher probability" that the indices will continue higher to years-end but with a reduction in the S&P500 target... Today, the DJIA and S&P500 ended lower by 0.4 percent, the NASDAQ was off by 0.3 percent. The forecast indicates CAUTION with a positive forecast-bias.   11/8/05 Tuesday 5:33p Eastern  

11/7/05 Monday-

Stocks seen to start positive Monday: |  Look for a neutral-to-positive open.   11/7/05 Monday 9:22a Eastern

Stocks continue last weeks positive trend: |  Market was higher Monday on little financial news amid lower oil prices, as oil continues below $60 bbl. The forecast-bias was upgraded during the early afternoon model run, continuing improvement of fundamentals was noted. The DJIA closed up by 1/2 percent, the S&P500 was higher by 0.2 percent, and the NASDAQ higher by 0.4 percent. The forecast now reads CAUTION with a positive bias.   11/7/05 Monday 4:59p Eastern  

11/5/05 Weekend-

11/4/05 Friday-

Jobs data sets a flat open for Friday: |  Look for a neutral-to-positive open.   11/4/05 Friday 9:25a Eastern

Jobs data set the tone Friday: |  Jobs creation for October came in at 56,000, well below forecasts;  Dow and S&P500 were lower most of the day but end flat-  NASDAQ outperformed. The DJIA ended slightly higher by 0.1 percent, the S&P500 was flat, but the NASDAQ ended up by 0.4 percent. The forecast indicates CAUTION with a neutral bias.   11/4/05 Friday 5:05p Eastern  

11/3/05 Thursday-

Higher start seen for Thursday: |  Look for a positive open and start.   11/3/05 Thursday 9:23a Eastern

Another positive performance Thursday: |  Four out of the past five sessions, market moves higher indicating investors willing to buy stocks on hope of a year-end rally, amid good economical data and no real bad news to discourage buying- oil also moves higher. The DJIA closed up by 1/2 percent, the S&P500 was up by 0.4 percent, and the NASDAQ was higher by 0.7 percent. The forecast, changed yesterday, reads CAUTION with a neutral forecast-bias.   11/3/05 Thursday 5:31p Eastern  

11/2/05 Wednesday-

Flat start seen for equities Wednesday: |  Look for a neutral-to-negative open.   11/2/05 Wednesday 9:26a Eastern

Forecast change to caution: |  Afternoon models indicate a forecast change to CAUTION from negative. More information to follow... Updated....   11/2/05 Wednesday 2:02p Eastern

NASDAQ rose 1.4 percent inspiring investors: |  Markets rally Wednesday with the NASDAQ leading the way-  oil prices slip below $60 bbl. With good volume and rate-focus behind, investors bid equities higher hoping this is a turnaround where prices end higher for the year. The Barometer forecast was upgraded to CAUTION from negative before the close as the models indicate an apparent sentiment change among investors. The DJIA rose 0.6 percent, the S&P500 rose 1 percent, and the NASDAQ outperformed with a 1.4 percent gain. The forecast now reads CAUTION with a neutral forecast-bias.   11/2/05 Wednesday 5:30p Eastern  

11/1/05 Tuesday-

Weak open set for Tuesday: |  Look for a neutral-to-negative open. Chance of mixed-  flat start.   11/1/05 Tuesday 9:27a Eastern

Market ends weak on Fed day: |  Major indices popup briefly on Fed rate-hike announcement, but soon after continued the negative trend with the major averages ending near neutral for the day- investors could react tomorrow. The market had little reaction to the manufacturing and construction-spending data as the indices ended lower;  the DJIA and NASDAQ ended off by 0.3 percent, and the S&P500 was lower by 0.4 percent. The forecast indicates NEGATIVE with a neutral forecast-bias going into Wednesday.   11/1/05 Tuesday 5:29p Eastern  

10/31/05 Monday-

Higher start seen for Monday: |  Look for a neutral-to-positive open.   10/31/05 Monday 9:23a Eastern

Investors send stock prices higher: |  Investors drive stocks higher Monday morning amid economical data [consumer spending and Chicago PMI data] and M&A activity, ahead of the Fed rate-hike meeting set for  tomorrow. The DJIA was up by 0.6 percent, the S&P500 was up by 0.7 percent, and the NASDAQ higher by 1.3 percent. The forecast-bias was changed to neutral during this mornings model run. The forecast now reads NEGATIVE with a neutral bias. The forecast is subject to change.   10/31/05 Monday 11:24a Eastern

Positive market ahead of Fed day: |  Off the highs of the session, the major indexes close in positive territory Monday amid plenty of merger and acquisition deals and ahead of the Fed meeting that will see interest rates increase;  the Fed accompanying statement will be what traders and investors focus on- all to take place tomorrow afternoon. The DJIA ended up by 0.4 percent, the S&P500 was higher by 0.7 percent, and the NASDAQ outperformed with a 1.5 percent gain. The forecast-bias was changed this morning to neutral making the forecast read NEGATIVE with a neutral bias- improving condition. The forecast is subject to change tomorrow.   10/31/05 Monday 5:11p Eastern  

10/29/05 Weekend-

10/28/05 Friday-

Friday's open looks positive: |  Look for a positive open.   10/28/05 Friday 9:24a Eastern

Rally sees Dow and S&P500 up 1.7 percent: |  Investors like GDP data and move the indexes back up ahead of an economical-rich next week when volatility could pick up. The DJIA and S&P 500 rose 1.7 percent, and the NASDAQ ended up higher by 1.3 percent. The forecast continues to indicate NEGATIVE with a negative forecast-bias.   10/28/05 Friday 4:54p Eastern  

10/27/05 Thursday-

Weak start seen Thursday: |  Look for a neutral-to-negative open.   10/27/05 Thursday 9:24a Eastern

Day three of negative sentiment: |  Stocks get kicked around again Thursday as buyers stay sidelined awaiting a swarm of economical data starting tomorrow with GDP. The DJIA and S&P 500 lost 1.1 percent, while the NASDAQ lost 1.7 percent. The forecast-bias was once again downgraded;  the forecast now stands at NEGATIVE with a negative bias.   10/27/05 Thursday 5:05p Eastern  

10/26/05 Wednesday-

Wednesday's open looks lower: |  Look for a neutral-to-negative open.   10/26/05 Wednesday 9:25a Eastern

Indexes trended lower Wednesday: |  Enthusiasm was lost Wednesday as the major indices trend lower from midday- onto the close- with a loss. Lower oil prices and mixed earnings saw investors opt to wait for potential market-moving economical data starting Friday with GDP, and on into next week with PMI, FOMC meeting, ISM and nonfarm reports, to name a few;  could be very volatile next week. Meanwhile today, the DJIA closed off by 0.3 percent, the S&P500 was off by 0.4 percent, and the NASDAQ lost 1/2 percent. The forecast continues to indicate NEGATIVE with a neutral bias.   10/26/05 Wednesday 5:08p Eastern  

10/25/05 Tuesday-

Market seen looking for direction: |  Look for a neutral, flat open.   10/25/05 Tuesday 9:28a Eastern

Indices end off the lows amid higher oil: |  Stock market ends slightly lower Tuesday while oil prices move higher an investors mull earnings and outlook forecasts. The DJIA ended slightly lower by 0.1 percent, the S&P500 ended off by 0.2 percent, and the NASDAQ was off by 0.3 percent. The forecast reads NEGATIVE with a neutral bias.   10/25/05 Tuesday 5:50p Eastern  

10/24/05 Monday-

Stocks seen higher for Monday's start: |  Look for a neutral-to-positive open.   10/24/05 Monday 9:28a Eastern

Stocks rally amid new Fed chief announcement: |  Stock market rallies amid the nomination of Bernanke as the new Fed chief to replace Greenspan. Major indices rally more than 1.5 percent Monday as Wilma makes landfall and oil prices moved lower. The Barometer bias was upgraded to neutral during the early afternoon model run. The DJIA and S&P 500 ended higher by 1.7 percent, the NASDAQ was higher by 1.6 percent. The forecast now reads NEGATIVE with a neutral bias.   10/24/05 Monday 5:07p Eastern  

10/22/05 Weekend-

10/21/05 Friday-

Neutral open seen for the averages: |  Look for a neutral-to-mixed open.   10/21/05 Friday 9:27a Eastern

Indices part company Friday: |  Indexes part their ways as the DJIA moves lower on Caterpillar and the NASDAQ moves higher with Google- S&P500 flat on the day. The DJIA closed lower by 0.6 percent, the NASDAQ higher on the day by 0.7 percent;  S&P 500 closed Friday flat. The forecast indicates NEGATIVE with a negative bias.   10/21/05 Friday 5:06p Eastern  

10/20/05 Thursday-

Weak start seen Thursday: |  Look for a neutral-to-negative open.   10/20/05 Thursday 9:27a Eastern

Stocks sell off and the bias was downgraded: |  We are back to where we were Tuesday;  S&P500 and DJIA give back all of yesterdays gains-  NASDAQ didn't do much better. Nothing changed from yesterday but investors built cash today- see what happens tomorrow. The afternoon model run set the bias back to negative. The DJIA lost 1.3 percent, the S&P500 lost 1.5 percent, and the NASDAQ was lower today by 1.1 percent. The forecast now reads NEGATIVE with a negative bias.   10/20/05 Thursday 5:07p Eastern  

10/19/05 Wednesday-

Stocks look to open lower: |  Look for a neutral-to-negative open.   10/19/05 Wednesday 9:26a Eastern

Stocks rally-  bias upgraded Wednesday afternoon: |  Rally in the stock market after spending the morning mostly in negative territory as investors had enough bad news and bid stocks higher. The bias was upgraded in the mid afternoon session in response to positive data-points from the models. The DJIA rose 1.3 percent, the S&P 500 rose 1.5 percent, and the NASDAQ was up by 1.7 percent. The forecast now reads NEGATIVE with a neutral bias.   10/19/05 Wednesday 5:06p Eastern  

10/18/05 Tuesday-

Weak open seen for Tuesday: |  Look for a neutral-to-negative open.   10/18/05 Tuesday 9:27a Eastern

Inflation fear takes stocks lower Tuesday: |  Investors move the market lower today on continuing inflation fear helped along by the selling of Exxon Mobil stock-  XOM off by 4+ percent today. The DJIA ended lower by 0.6 percent, the S&P500 was lower by 1 percent, and the NASDAQ was off by 0.7 percent. The forecast continues to indicate NEGATIVE with a negative bias.   10/18/05 Tuesday 5:02p Eastern  

10/17/05 Monday-

Cautious open seen for Monday: |  Look for a neutral-to-positive open. Could turn mixed.   10/17/05 Monday 9:28a Eastern

Popular averages end positive Monday: |  Mostly a flat- but positive- day;  Dow rises on GM - Altria news, while the S&P and NASDAQ gained slightly on the day. The DJIA rose 0.6 percent the S&P 500 and NASDAQ rose 0.3 percent. The forecast continues to indicate NEGATIVE with a negative bias.    10/17/05 Monday 5:05p Eastern  

10/15/05 Weekend-

10/14/05 Friday-

Positive start seen for Friday: |  Look for a neutral-to-positive open.   10/14/05 Friday 9:27a Eastern

Investors move the indices higher Friday: |  With CPI and retail sales data in, investors like what they see and bid stocks higher Friday after 2-weeks of mostly negative performance. The DJIA rose 0.7 percent, the S&P 500 rose 0.8 percent, and the NASDAQ rose 0.9 percent. The Market-Barometer™ forecast continues to indicate NEGATIVE with a negative forecast-bias. Next week will be important [PPI and other economical data could move investors] to see if today's positive momentum can carry over.  10/14/05 Friday 5:04p Eastern  

10/13/05 Thursday-

Lower open seen Thursday: |  Look for a neutral-to-negative open. Could turn mixed.   10/13/05 Thursday 9:28a Eastern

NASDAQ has good day, DJIA and S&P500 end flat: |  Major indexes meander most of Thursday as the Dow 30 and S&P500 end flat while the NASDAQ posts 1/2 percent gain on the day. Inflation is still a major concern for investors;  investors opt to wait on inflation data out tomorrow (CPI) with PPI on deck for Tuesday- both data-points can move markets. The DJIA ended flat, the S&P 500 ended slightly lower by 0.1 percent, but the NASDAQ performed well with a 0.5 percent gain. The Market-Barometer™ forecast continues to indicate NEGATIVE with a negative forecast-bias.   10/13/05 Thursday 5:00p Eastern  

10/12/05 Wednesday-

Flat start seen for Wednesday: |  Look for a neutral-to-mixed open.   10/12/05 Wednesday 9:26a Eastern

Market continues moving lower: |  Major indexes continue lower Wednesday while oil prices move higher. The DJIA lost 0.4 percent, the S&P 500 lost 0.6 percent, and the NASDAQ moved lower by 1.2 percent. The Market-Barometer™ forecast continues to indicate NEGATIVE with a negative forecast-bias.   10/12/05 Wednesday 5:45p Eastern  

10/11/05 Tuesday-

Better start seen for the market: |  Look for a neutral-to-positive open.   10/11/05 Tuesday 9:27a Eastern

Market indexes end Tuesday mixed: |  Dow 30 Ind. ends slightly higher on the day, S&P500 slightly lower- NASDAQ underperforms, as investors dump stocks in the heavy populated tech sector. The DJIA was up by 0.1 percent, the S&P500 was down by 0.2 percent-  NASDAQ moved lower by 0.9 percent. The Market-Barometer™ forecast continues to indicate NEGATIVE with a negative forecast-bias.   10/11/05 Tuesday 4:55p Eastern  

10/10/05 Monday- Columbus Day-

Monday's open looks positive: |  Look for a neutral-to-positive open. Could turn mixed.   10/10/05 Monday 9:24a Eastern

Major indexes continue the march lower: |  Market indices dip in afternoon trading amid news of the Delphi Corp. filing chapter 11 over the weekend;  GM Corp. slides 10 percent; The DJIA was off by 1/2 percent, the S&P500 moved lower by 0.7 percent, and the NASDAQ was down by 0.6 percent. The Market-Barometer™ forecast continues to indicate NEGATIVE with a negative forecast-bias.   10/10/05 Monday 5:38p Eastern  

10/8/05 Weekend-

10/7/05 Friday-

Major indexes set to open higher: |  Look for a neutral-to-positive open.   10/7/05 Friday 9:28a Eastern

Week ends in up tick: |  Stock market major indexes advance slightly Friday stopping a 4-day slide. The DJIA rose slightly by 0.1 percent, the S&P 500 had a good session with a 0.4 percent rise, and the NASDAQ was up by 0.3 percent. The forecast indicates NEGATIVE with a negative bias.   10/7/05 Friday 4:48p Eastern  

10/6/05 Thursday-

Thursday open seen somewhat positive: |  Look for a neutral-to-positive open;  could turn mixed.   10/6/05 Thursday 9:29a Eastern

Stocks try for a comeback: |  Stocks jump higher in last half hour of trade but still end in negative territory. The DJIA ended lower by 0.3 percent, the S&P500 was off by 0.4 percent, and the NASDAQ lower by 0.9 percent. The forecast indicates NEGATIVE with a negative bias.   10/6/05 Thursday 5:44p Eastern  

10/5/05 Wednesday-

Flat to negative start for Wednesday: |  Look for a flat, probably lower open.   10/5/05 Wednesday 9:27a Eastern

Wednesday records another negative day: |  Stocks continue lower Wednesday on building fear of inflation and a slowing economy. The DJIA lost 1.2 percent, the S&P500 lost 1.5 percent, and the NASDAQ hit hard with a 1.7 percent dive. The afternoon Barometer model run set the bias to negative so the forecast now reads NEGATIVE with a negative bias.   10/5/05 Wednesday 4:55p Eastern  

10/4/05 Tuesday- Rosh Hashanah-

Flat open seen for Tuesday: |  Look for a neutral, possibly mixed open.   10/4/05 Tuesday 9:28a Eastern

Inflation fear and Q3 earnings-- worry investors: |  Inflation and Q3 earnings worries   get the best of buyers and seller win the day as the major indices fell sharply Tuesday afternoon-  Factory order data and Fed speak help the selling. The DJIA lost 0.9 percent, the S&P500 lost 1 percent, and the NASDAQ moved lower by 0.8 percent. The forecast continues to indicates NEGATIVE with a neutral bias.. .   10/4/05 Tuesday 4:57p Eastern  

10/3/05 Monday-

Flat start seen for Monday's open: |  Look for a neutral, possibly mixed open.   10/3/05 Monday 9:27a Eastern

Indices meander Monday midday: |  Popular average continue in mixed fashion midday Monday with the DJIA off by 0.2 percent, the S&P500 off slightly by 0.1 percent, while the NASDAQ moves high by 0.3 percent. The forecast indicates NEGATIVE with a neutral bias.   10/3/05 Monday 11:59a Eastern

Market ends flat Monday on strong ISM data: |  Market dips lower on big manufacturing number but NASDAQ holds above unchanged. The DJIA closes Monday lower by 0.3 percent, the S&P 500 was lower by 0.2 percent while the NASDAQ, off the highs, gained 0.2 percent. The forecast indicates NEGATIVE with a neutral bias.   10/3/05 Monday 4:55p Eastern  

10/1/05 Weekend-

9/30/05 Friday-

Last day of Q3;  market looks flat: |  Look for a flat open;  could turn mixed.   9/30/05 Friday 9:24a Eastern

Mostly flat day ends positive ahead of Q4: |  Dow and S&P500 end flat;  NASDAQ jumps higher on last trade day of third-quarter. The DJIA rose by 0.2 percent, the S&P500 slightly higher by 0.1 percent, and the NASDAQ a solid 1/2 percent rise. The forecast indicates NEGATIVE with a neutral bias.   9/30/05 Friday 4:56p Eastern  

9/29/05 Thursday-

Another slow start seen Thursday: |  Look for a flat, possibly mixed open.   9/29/05 Thursday 9:25a Eastern

Investors position for end of quarter: |  Finally, stocks ramp higher after several days meandering as September-trade closes tomorrow. Strong oil prices but lighter gas prices and other news [GDP 3.3 in Q 2 -  jobless initial claims - and some corporate forecasts]  gets traders to bid stocks higher as the third-quarter comes to an end tomorrow. The DJIA rose by 0.8 percent, the S&P500 rose by 0.9 percent, and the NASDAQ moved higher by 1.2 percent. The forecast reads NEGATIVE with a neutral bias.   9/29/05 Thursday 5:08p Eastern  

9/28/05 Wednesday-

Firm open seen for Wednesday: |  Look for a neutral-to-positive open..   9/28/05 Wednesday 9:25a Eastern

Wednesday ends like Tuesday- flat: |  Much like yesterday, stocks go both sides of unchanged and settle flat amid little news [durable goods data - Kodak warns]. The mid afternoon model-run indicated a bias change to neutral;  model data indicated slight improvements in the forecast metrics. The forecast now reads NEGATIVE with a neutral bias. The DJIA and S&P500 ended slightly higher and the NASDAQ ended slightly lower.   9/28/05 Wednesday 5:05p Eastern  

9/27/05 Tuesday-

Tuesday's start looks flat: |  Look for a neutral, possibly mixed open.   9/27/05 Tuesday 9:26a Eastern

Stocks end flat Tuesday: |  Stocks meander Tuesday and end flat as consumer confidence fell to 86.6 in September, according to The Conference Board. Not much other news to trade on but a lot of uncertainty [Katrina - Rita, and rate hike - inflation] kept the market quite. The DJIA ended up slightly by 0.1 percent, the NASDAQ ended lower by 0.2 percent, the S&P 500 ended flat. The Barometer forecast indicates NEGATIVE with a negative forecast-bias.   9/27/05 Tuesday 5:02p Eastern  

9/26/05 Monday-

Better start seen for this week: |  Look for a positive open.   9/26/05 Monday 9:24a Eastern

Stocks continue in positive territory: |  Major indices run-up early and have trend sideways midday Monday on relief that Rita was somewhat less damaging than first feared. The DJIA is up by 0.6 percent, the S&P 500 up by 0.4 percent, and the NASDAQ up by 1/2 percent. The Barometer forecast, changed last Wednesday, now indicates NEGATIVE with a negative bias.   9/26/05 Monday 12:00p Eastern

Popular averages started higher but end neutral: |  Market ends near flat Monday after starting the day well into positive territory. Storm damage from Rita appears to be minimal for the oil/gas infrastructure but oil and gas continue price moves higher. The DJIA and NASDAQ ended higher by 0.2 percent, the S&P 500 ended flat. The Barometer forecast indicates NEGATIVE with a negative forecast-bias.   9/26/05 Monday 4:59p Eastern  

9/24/05 Weekend-

9/23/05 Friday-

Another weak start seen Friday: |  Look for a neutral, possibly mixed open.   9/23/05 Friday 9:25a Eastern

Market ends Friday neutral as investors wait on Rita: |  Oil slips as Rita weakens, sending the Dow and S&P500  to near unchanged;  NASDAQ gains on the day. The DJIA ends flat, the S&P 500 ended slightly higher by 0.1 percent, the NASDAQ ended higher by 0.3 percent. The Barometer forecast, changed Wednesday, now indicates NEGATIVE with a negative bias.   9/23/05 Friday 4:55p Eastern  

9/22/05 Thursday-

Weak start for Thursday: |  Look for a neutral, possibly mixed open.   9/22/05 Thursday 9:23a Eastern

Stock market turns around midday Thursday: |  Stocks make a comeback while Rita continues churning towards the Texas-Louisiana shoreline, downgraded to a cat-4 storm. The DJIA and S&P500 rose 0.4 percent, and the NASDAQ rose 0.2 percent. The Barometer forecast, changed yesterday, now indicates NEGATIVE with a negative bias.   9/22/05 Thursday 4:46p Eastern  

9/21/05 Wednesday-

Weak start on Rita concerns: |  Look for a neutral-to-negative open.   9/21/05 Wednesday 9:27a Eastern

Stocks down as Rita continues its approach to Texas: |  Stock major indices moved lower Wednesday morning amid Rita concerns--  now a cat 4 storm--  as she moves into the Central-Gulf, moving to the Central-Texas shore. Oil maintains the mid $60 bbl as oil/gas concerns remain. The DJIA is off by 1/2 percent, the S&P 500 off by 0.4 percent, and the NASDAQ is off by 0.6 percent. The forecast continues to indicate CAUTION with a negative bias. The forecast is subject to downgrade in today's session.   9/21/05 Wednesday 11:40 Eastern

Forecast is changing to NEGATIVE: |  Pre close model run indicates a forecast change to NEGATIVE. The change will take place over the close.    9/21/05 Wednesday 3:55p Eastern- updated  

9/20/05 Tuesday-

Positive open seen on Fed day: |  Look for a neutral-to-positive open.   9/20/05 Tuesday 9:28a Eastern

FOMC meets to decide on rates: |  Major indexes continue in positive territory as investors await the FOMC rate-hike. The Fed is scheduled to announce their decision at about 2:15 pm Eastern. The DJIA and S&P500 are higher by 0.2 percent, the NASDAQ is up by 1/2 percent. The forecast continues to indicate CAUTION with a negative bias. The forecast is subject to downgrade.   9/20/05 Tuesday 12:21p Eastern

One day negative reaction to the Fed: |  One day negative reaction to the rate increase doesn't mean more negative market days to come--  investors might be encouraged that with all the negative stuff going on [oil/gas prices - Rita on the prowl] the stock market could have sank further than it did. With oil inventory report out tomorrow and better idea where Rita is going, traders and investors could be less negative and send stocks back up Wednesday. Meantime, the DJIA and NASDAQ lost 0.7 percent, the S&P500 was off by 0.8 percent. The forecast continues to indicate CAUTION with a negative bias. The forecast is subject to downgrade in Wednesday's session.   9/20/05 Tuesday 5:43p Eastern  

9/19/05 Monday-

Flat start seen Monday: |  Look for a neutral, possibly mixed open.   9/19/05 Monday 9:26a Eastern

oil on the move; Rita forecast to enter the Gulf: |  With Rita on the prowl, traders run oil prices up by better than $3 to $66.35 bbl as investors turn to selling stocks on Fed Eve. With Rita forecast to enter the Gulf, platforms go on alert and investors ready for the Fed tomorrow in hopes that the FOMC will suspend the rate-hike cycle. The DJIA and NASDAQ are off by 0.7 percent, the S&P 500 is off by 1/2 percent. The forecast continues to indicate CAUTION with a negative bias. The Barometer Bug was changed over the weekend to make the display larger and to remove some of the bias filters...   9/19/05 Monday 11:35a Eastern

Fed and Rita takes stocks lower: |  Uncertainty takes the stock market lower Monday on Fed Eve as Rita is expected to enter the Gulf and could reach cat 3 as it aims for Houston's rich oil infrastructure. Big question of the day is, will the FOMC hold rates or continue the rate-hiking cycle tomorrow. The answer will be known Tuesday at about 2:15 pm EST. The DJIA closed lower by 0.8 percent, the S&P500 was off by 0.6 percent, and the NASDAQ ended lower by 0.7 percent. The forecast continues to indicate CAUTION with a negative bias. The forecast is subject to downgrade tomorrow.   9/19/05 Monday 5:05p Eastern  

9/17/05 Weekend-

Forecast display has changed: |  The forecast display--  upper left corner--  was upgraded to a larger more readable display. We also discontinued several filter levels from the connection between the models and the bias...   9/17/05 Saturday 2:09p Eastern  

9/16/05 Friday-

Positive outlook for Friday: |  Look for a neutral-to-positive open. Chance of turning mixed.   9/16/05 Friday 9:28a Eastern

Indexes move higher amid options expiration: |  Stocks ramp up on options expiration Friday while oil slips as gold and silver continue moving higher. The DJIA and S&P 500 rose 0.8 percent, and the NASDAQ was up by 0.7 percent. The forecast continues to indicate CAUTION with a negative bias.   9/16/05 Friday 4:53p Eastern  

9/15/05 Thursday-

Mostly positive open seen for Thursday: |  Look for a neutral-to-positive open. Could turn mixed.   9/15/05 Thursday 9:26a Eastern

Indexes meander midday Thursday: |  Stocks continue to hang close to unchanged, midday Thursday, while the price of oil holds near mid-$60 bbl, amid a surge in jobless claims due to Katrina and consumer prices that edged up 1/2 percent in August, according to a Government report. The DJIA is up 0.2 percent, the S&P500 is higher by 0.3 percent, and the NASDAQ is flat. The forecast continues to indicate CAUTION with a negative bias.   9/15/05 Thursday 11:42a Eastern

Stocks meander, traders await the Fed: |  Jobless initial claims jump and CPI rises 1/2 percent, but traders and investors opt to wait on the Fed next week to see if interest rate-hike might be suspended in view of the unknown factors to the economy from Katrina. Meanwhile, stocks meander and end in mixed mode Thursday with the DJIA and S&P500 slightly higher by 0.1 percent, the NASDAQ was off by 0.2 percent. The forecast continues to indicate CAUTION with a negative bias.   9/15/05 Thursday 5:31p Eastern  

9/14/05 Wednesday-

Wednesday's opening comment: |  Look for a neutral, flat open-  could turn mixed.   9/14/05 Wednesday 9:27a Eastern

Indices continue flat midday: |  Stocks continue in mixed mode Wednesday midday amid a decline in retail sales [for August] as reported by the Government this morning. Traders and investors may opt-out for the next several days, as up on deck is the FOMC and rate-hike focus;  could see mostly sideways movement for the rest of the week. The DJIA is slightly higher by 0.1 percent, the S&P500 is up by 0.2 percent, the NASDAQ is slightly lower by 0.1 percent. The forecast continues to indicate CAUTION with a negative bias.   9/14/05 Wednesday 12:25p Eastern

Oil up, retail sales and the market move lower: |  S&P 500 slips while Dow and the NASDAQ dive on higher oil prices and a decline in August retail sales. The DJIA lost 1/2 percent, the NASDAQ 1 percent loss, and the S&P500 lost 0.3 percent. The forecast continues to indicate CAUTION with a negative bias.   9/14/05 Wednesday 5:29p Eastern  

9/13/05 Tuesday-

Weak start for equities seen: |  Look for a neutral-to-negative open.   9/13/05 Tuesday 9:25a Eastern

Sellers "turn" Tuesday: |  Retail sector lead stocks lower after PPI shows up tic for producer prices and mild inflation. It was sellers turn today, as stocks moved lower with the DJIA and S&P500 off by 0.8 percent, and the NASDAQ lower by 1/2 percent. The forecast continues to indicate CAUTION with a negative bias.   9/13/05 Tuesday 4:58p Eastern  

9/12/05 Monday-

Monday's opening comment: |  Look for a flat-to-mixed open.   9/12/05 Monday 9:24a Eastern

Market moves nearly flat: |  Major indexes tour the flat line Monday midday amid a slew of acquisition news. Oracle announced an agreement to buy Siebel Systems, EBay-Skype deal, and Wachovia - Westcorp help keep things mostly positive. Oil and gas continue to trend lower. The DJIA registers flat, the S&P500 lower by 0.1 percent, and the NASDAQ is up by 0.2 percent. The forecast continues to indicate CAUTION with a negative bias. The bias is subject to change.   9/12/05 Monday 11:54a Eastern

Popular averages end mixed Monday: |  The stock market meanders all day near the unchanged line and ends mixed on a day that saw several acquisitions and deals [Oracle - Siebel, Wachovia - Westcorp, EBay - Skype]. The DJIA ended slightly higher by less than 0.1 percent, the S&P500 ended slightly lower by 0.1 percent, and the NASDAQ was higher by 0.3 percent. The forecast continues to indicate CAUTION with a negative bias. The bias is subject to change.   9/12/05 Monday 5:08p Eastern  

9/10/05 Weekend-

9/9/05 Friday-

Stocks set for flat start: |  Look for a neutral-to-positive open.   9/9/05 Friday 9:26a Eastern

Major indices end with a very positive week: |  Stocks do well this short week with healthy gains. Next week will see the return to full staff for traders and investors ahead of Fed week as rate talk will be the focus- the Fed is scheduled to meet September 20. The DJIA and the S&P 500 rose by 0.8 percent today and the NASDAQ up by 0.4 percent. The forecast continues to indicate CAUTION with a negative bias. The bias is subject to change.   9/9/05 Friday 5:00p Eastern  

9/8/05 Thursday-

Lower open seen Thursday: |  Look for a neutral-to-negative open.   9/8/05 Thursday 9:24a Eastern

Popular averages move lower Thursday: |  Socks move lower Thursday on growing fear of a Katrina-related slowing of the economy. The DJIA and S&P500 closed off by 0.4 percent, the NASDAQ was off by 0.3 percent. The forecast continues to indicate CAUTION with a negative bias.   9/8/05 Thursday 5:00p Eastern  

9/7/05 Wednesday-

Wednesday's opening comment: |  Look for a neutral, possibly mixed open.   9/7/05 Wednesday 9:26a Eastern

Major indexes post gains Wednesday: |  The DJIA rose 0.4 percent, the S&P500 and NASDAQ rose 0.2 percent. The forecast continues to indicate CAUTION with a negative bias.   9/7/05 Wednesday 5:36p Eastern  

9/6/05 Tuesday-

Positive start to shortened week: |  Look for a positive open.   9/6/05 Tuesday 9:24a Eastern

Major indexes close Tuesday with substantial gains: |  The DJIA closed higher by 1.4 percent, the S&P500 was up by 1.3 percent, and the NASDAQ was up by 1.2 percent. The forecast continues to indicate CAUTION with a negative bias.   9/6/05 Tuesday 4:47p Eastern  

9/3/05 Weekend- Labor Day- holiday-

Markets closed: |  Markets are closed in the U.S. for the Labor Day holiday. The focus all week and continuing today is the Gulf Coast and the devastation from Katrina.   9/5/05 Monday 11:11a Eastern  

9/2/05 Friday-

Fridays open looks positive: |  Look for a neutral-to-positive open.   9/2/05 Friday 9:20a Eastern

Stock indices end lower Friday but up for the week: |  Stocks meander the flat line Friday and end slightly lower with the DJIA closing slightly lower by 0.1 percent, the S&P500 and NASDAQ lower by 0.3 percent. U.S. Markets will be closed Monday for the holiday and will reopen for normal session on Tuesday. The forecast indicates CAUTION with a negative bias.   9/2/05 Friday 4:48p Eastern  

9/1/05 Thursday-

Flat start to Thursday seen: |  Look for a neutral-to-mixed open.   9/1/05 Thursday 9:27a Eastern

Stock market closes mixed Thursday: |  Stocks end mixed on the first trade of the month. The DJIA and NASDAQ closed lower by 0.2 percent-  the S&P500 ended slightly higher by 0.1 percent. The forecast indicates CAUTION with a negative bias.  9/1/05 Thursday 4:49p Eastern  

8/31/05 Wednesday-

Weak start set for Wednesday: |  Look for a flat, possibly mixed open.   8/31/05 Wednesday 9:24a Eastern

Stocks meander Wednesday morning: |  Stock major indexes continue to move along the unchanged-line, while oil holds $69 and gas prices move higher. Trade for the rest of the week likely to be slow [depending on remaining economical data;  nonfarm and ISM-PMI] ahead of the holiday and the return to full staff the following week. The DJIA is off by 0.2 percent, the S&P500 is slightly off by 0.1 percent, the NASDAQ is trading flat. The forecast indicates CAUTION with a negative bias;  bias was changed yesterday prior to the close.   8/31/05 Wednesday 12:31p Eastern

Stocks bounce higher in afternoon trade to end August regular session: |  Market puts on a small rally in afternoon trading to end near the highs off the session, on the last trade of the regular session for August. The DJIA ended up by 0.7 percent, the S&P500 up by 1 percent, and the NASDAQ was higher by 1.1 percent. The forecast indicates CAUTION with a negative bias;  bias was changed yesterday prior to the close.   8/31/05 Wednesday 4:57p Eastern  

8/30/05 Tuesday-

Market to open lower Tuesday: |  Look for a neutral-to-negative open.   8/30/05 Tuesday 9:27a Eastern

Stocks down, oil and gas up: |  U.S. major indices move lower Tuesday midday while the price of oil pushes past $70. Katrina a focus for investors as they deal with the aftermath while damage assessment continues to worsen. The DJIA was off 0.8 percent, the S&P500 off by 0.6 percent, and the NASDAQ off by 0.7 percent. The Barometer forecast continues to indicate CAUTION with a neutral bias. The bias is subject to further downgrade.   8/30/05 Tuesday 11:55a Eastern

Bias changes to negative as S&P500 tests the Barometer 1202 line: |  The forecast-bias is changing to NEGATIVE from neutral. Additional details to come.   8/30/05 Tuesday 3:53p Eastern  

8/29/05 Monday-

Stocks set to move lower on oil: |  Look for a negative open.   8/29/05 Monday 9:27a Eastern

All eyes on Katrina as it moves onshore near New Orleans: |  Late morning trade sees the major indices near unchanged, improving from early move lower on oil prices, kicked higher by Katrina. Katrina moved onshore early Monday near New Orleans, with winds near 145 miles per hour, causing major disruptions. The DJIA, S&P500, and NASDAQ are near unchanged. The forecast indicates CAUTION with a neutral bias.   8/29/05 Monday 10:59a Eastern

Model probabilities have changed with Katrina: |  The Barometer models indicate probability of further decline in the S&P500-  below the 1200 line-  has changed to "medium" from "higher" in this mornings model run. The S&P500, intraday, had slipped to just above 1202 in early trade, bouncing back and trending into positive territory midmorning. This change in probabilities makes all three scenarios equally weighted at "medium"...   8/29/05 Monday 1:59p Eastern

S&P 500 dips to near 1202, satisfies models: |  Stocks climb the wall of worry and close with nice gains, after dipping negative early this morning on concerns over Katrina. Ahead of tons of economical data this week, the DJIA and S&P500 closed up by 0.6 percent, the NASDAQ higher by 0.8 percent. The Barometer models had indicated an intraday dip of the S&P500-  to just above 1202. This could indicate a move lower by the S&P500 from current levels, less likely. The Market Memo probabilities were changed. The Barometer forecast continues to indicate CAUTION with a neutral bias.   8/29/05 Monday 5:42p Eastern  

8/27/05 Weekend-

8/26/05 Friday-

Mild start set for Friday: |  Look for a neutral-to-mixed open.   8/26/05 Friday 9:27a Eastern

S&P 500 moves closer to 1200 on a weak session: |  Stock indices move lower amid a disappointing consumer sentiment report and little other relevant news. A vacuum of economical data and low market participation is a somewhat typical late-summer slump. But a slew of important economical datum next week should pick up trading as we move into a busier period for the market in a couple of weeks. The DJIA lost 1/2 percent today, the S&P500 and NASDAQ was lower by 0.6 percent. The forecast indicates CAUTION with a neutral bias.   8/26/05 Friday 4:55p Eastern  

8/25/05 Thursday-

Slow start expected Thursday: |  Look for a neutral-to-positive open.   8/25/05 Thursday 9:27a Eastern

Stocks maintain positive stance, oil holds $66.: |   Investors nibble Thursday morning sending the popular averages slightly higher as most traders and investors await the economical datum next week;  in the hopper are the FOMC minutes, GDP, PMI reports, and nonfarm payroll-  all next week and sure to give marketers momentum  one way or the other. The Barometer-bias was downgraded yesterday to neutral on model data suggesting an up tic in risk. The DJIA and S&P 500 are slightly higher by 0.2 percent, the NASDAQ higher by 0.3 percent. The Barometer forecast now reads CAUTION with a neutral forecast-bias.   8/25/05 Thursday 11:33a Eastern

Stocks and oil close higher Thursday: |  Stocks meander and close slightly higher as oil sets record close at $67.49 bbl, +0.17. Unless there is market-moving news Friday, look for another slow, near neutral day, as traders and investors opt for major economical data next week. The DJIA and S&P500 closed slightly higher by 0.2 percent, and the NASDAQ was higher by 0.3 percent. The forecast, changed yesterday, now indicates CAUTION with a neutral bias.   8/25/05 Thursday 5:02p Eastern  

8/24/05 Wednesday-

Weak start Wednesday: |  Look for a neutral-to-negative open.   8/24/05 Wednesday 9:26a Eastern

Stock averages try to hold positive territory: |  Dow and S&P500 trade near flat, NASDAQ posts higher amid mixed economical data [durable goods - July new home sales] as oil continues to hold $66 bbl. The DJIA and S&P 500 holding close to the unchanged line, the NASDAQ is higher by 0.6 percent. The forecast continues to indicate CAUTION with a positive bias.   8/24/05 Wednesday 1:51p Eastern

Media and news alert;  forecast bias change in progress: |  The forecast-bias is being downgraded to NEUTRAL from positive. Pre close model data and forecast model data indicate a bias change to take place before the close. Further information to come.   8/24/05 Wednesday 3:52p Eastern

Stocks down, oil up, equals forecast bias change: |  Stocks turn south Wednesday afternoon as oil prices spike higher into records territory. Mixed economical datum today took backseat to oil prices, as traders and investors see $70 bbl around the corner. The Barometer forecast-bias was changed to neutral from a long-running positive stance, as model data suggested an increase risk of further move down for the major indexes. The DJIA closed off by 0.8 percent, the S&P500 was off by 0.7 percent, and the NASDAQ was lower by 0.4 percent. The forecast now indicates CAUTION with a neutral bias.   8/24/05 Wednesday 5:42p Eastern  

8/23/05 Tuesday-

Weak start for Tuesday's market: |  Look for a flat, possibly mixed open.   8/23/05 Tuesday 9:26a Eastern

Stocks end lower Tuesday: |  Major market indexes ended Tuesday lower on housing data and little other news. The DJIA was lower by 1/2 percent, the S&P 500 was off 0.3 percent, and the NASDAQ off by 0.2 percent. The forecast continues to indicate CAUTION with a positive bias.   8/23/05 Tuesday 4:50p Eastern  

8/22/05 Monday-

Major market indexes maintain lift: |  Stocks make a move higher from the open as oil prices hold $65. At midmorning, the DJIA, S&P 500, and NASDAQ are higher by 0.7 percent. The forecast continues to indicate CAUTION with a positive bias.   8/22/05 Monday 10:23a Eastern

Major averages run-up early but end flat: |  A run-up for the major indexes early this morning loses steam and investors settle for  a slightly positive session. With no economical data today and oil prices threatening to move higher, the stock market ends with a slight gain. The DJIA ended higher by 0.1 percent, the S&P 500 ends up by 0.2 percent, and the NASDAQ was up by 0.3 percent. The forecast continues to indicate CAUTION with a positive bias.   8/22/05 Monday 4:53p Eastern  

8/20/05 Weekend-

8/19/05 Friday-

Stocks and oil set for higher start: |  Look for a neutral-to-positive open.   8/19/05 Friday 9:26a Eastern

Major indices end Friday mixed: |  Oil prices - terrorism - Vioxx judgment takes the steam out of trading as the popular averages end Friday mixed;  DJIA and S&P 500 end slightly positive, and the NASDAQ ended slightly negative. The forecast continues to show CAUTION with a positive bias. 8/19/05 Friday 5:34p Eastern  

8/18/05 Thursday-

Thursday opening comment: |  Look for a neutral-to-negative open.   8/18/05 Thursday 9:27a Eastern

Stocks nearly flat for the day: |  Stock indices-  Dow and S&P 500-  go flat for the day, NASDAQ moves lower on a day investors watch oil prices to see where they might go from the low $60's. With no economical data scheduled for tomorrow, Friday could be a neutral to slightly lower day depending on oil prices. The DJIA and S&P500 ended near unchanged, NASDAQ lost 0.4 percent. The Barometer forecast continues to indicate CAUTION with a positive bias;  the bias is subject to change.   8/18/05 Thursday 5:00p Eastern  

8/17/05 Wednesday-

Wednesday flat start ahead: |  Look for a neutral flat open.   8/17/05 Wednesday 9:24a Eastern

Oil down stocks up Wednesday midday: |  Strong inflation input has little effect over traders and investors as they move the major indices higher while the price of oil relents. Oil prices are down sharply midday Wednesday while the stock market move higher. The DJIA is up by 1/2 percent, the S&P 500 is higher by 0.3 percent, and the NASDAQ is up by 0.6 percent. The forecast indicates CAUTION with a positive bias- the bias is subject to chnage.   8/17/05 Wednesday 12:17p Eastern

Price of oil slides back to test support: |  Stocks put in a good day but well off the highs of the session-  S&P 500 ends flat. Oil prices get slammed but equities don't take advantage. Could be traders are waiting to see what happens when prices test the low 60 dollar range. PPI data was strong, sparking inflation fear. With jobless claims and money supply data ahead tomorrow and consumer sentiment Friday, will give investors more data to play with. The DJIA and NASDAQ ended higher by 0.4 percent, and the S&P500 ended flat. The forecast continues to indicate CAUTION with a positive bias;  the bias continues to be subject to downgrade.   8/17/05 Wednesday 6:05p Eastern  

8/16/05 Tuesday-

Tuesday's open: |  Look for a neutral-to-negative open.   8/16/05 Tuesday 9:27a Eastern

Stocks move lower Tuesday morning: |  Popular averages move lower Tuesday midday amid economical input [CPI and other data] and earnings/outlook. The DJIA was off by 0.8 percent, the S&P500 off by 0.7 percent, and the NASDAQ lower by 0.9 percent. Barometer forecast continues at CAUTION with a positive forecast bias.   8/16/05 Tuesday 12:24p Eastern

Tuesday's major indexes move lower: |  Oil - gas - inflation was the theme today as investors are becoming concerned oil prices could cut into profits and consumers cash. Major indices drop over 1 percent today on CPI reading with PPI on deck for tomorrow. The DJIA closed lower by 1.1 percent, the S&P 500 was lower by 1.2 percent, and the NASDAQ closed off by 1.4 percent. The forecast shows CAUTION with a positive forecast bias;  the bias is subject to downgrade Wednesday.   8/16/05 Tuesday 5:45p Eastern  

8/15/05 Monday-

Flat start for Monday seen: |  Look for a neutral-to-negative open.   8/15/05 Monday 9:27a Eastern

Stocks go positive midday- momentum turns: |  Little in market news sees a turnaround midmorning Monday with the major indexes breaking even around noon eastern. At about 1:53, the DJIA was higher by 1/2 percent, the S&P 500 higher by 0.4 percent, and the NASDAQ up by 0.8 percent. The Barometer forecast continues to indicate CAUTION with a positive bias.   8/15/05 Monday 1:53p Eastern

Stocks end in positive territory Monday: |  While investors and traders await inflation data, today's market does an early dip into negative territory and rebounds and becomes positive midday on little news and economical data. CPI and PPI are on deck and could produce volatility tomorrow and Wednesday. Meanwhile, today, the DJIA and S&P 500 ended up by 0.3 percent, and the NASDAQ ended higher by 1/2 percent. The forecast continues to show CAUTION with a positive bias.   8/15/05 Monday 5:02p Eastern  

8/13/05 Weekend-

8/12/05 Friday-

Friday to start out lower: |  Look for a negative open.   8/12/05 Friday 9:25a Eastern

The mood on Wall Street was set early on Friday: |  Oil - trade deficit - airline fears - Dell set the mood for investors, as no one could catch a bid to move stocks up- momentum for the Dow, S&P 500, and NASDAQ were south all day-  investors take profits from yesterdays rally. The DJIA and NASDAQ lost 0.8 percent, and the S&P 500 lost 0.6 percent. The Barometer forecast continues to indicate CAUTION with a positive bias;  the bias is subject to downgrade.   8/12/05 Friday 5:36p Eastern  

8/11/05 Thursday-

Stocks set for weak start: |  Look for neutral open.   8/11/05 Thursday 9:24a Eastern

Market averages continue to hold gains: |  Oil continues higher midday, nearing $66 bbl, while the popular averages post gains but off the highs of the morning. Retail sales help sentiment while gold too is advancing in Thursday's session. The DJIA is slightly higher by 0.2 percent;  S&P 500 and NASDAQ up by 0.3 percent. The forecast continues to show CAUTION with a positive bias.   8/11/05 Thursday 12:25p Eastern

Late rally takes indexes up nearly 1 percent- oil up too with a record: |  Last 40 minutes of trade takes the popular averages higher while oil and gold mount an assault. Stocks did well amid retail sales, business inventory, and jobless claims economical reports as investors seek more tomorrow and next week with fresh inflation data. The DJIA ramp higher by 0.9 percent, S&P 500 was higher by 0.7 percent, and the NASDAQ up by 0.8 percent. The forecast continues to indicate CAUTION with a positive bias;  bias is subject to upgrade in Fridays session.   8/11/05 Thursday 5:08p Eastern  

8/10/05 Wednesday-

Stocks set to open positive: |  Look for a positive open, NASDAQ could lag.   8/10/05 Wednesday 9:25a Eastern

DJIA and S&P500 bounce higher- NASDAQ lags, but positive: |  Stocks continue the swing higher from yesterdays mute response to the Fed raising rates. The price of oil holds $63 bbl on inventory report while there is little other news to trade on at this hour. The DJIA and S&P500 hold a 0.8 percent gain, and the NASDAQ is higher by 0.4 percent. The forecast continues to indicate CAUTION with a positive bias.   8/10/05 Wednesday 11:26a Eastern

Major stock market indexes give-up and slide 1 percent as oil ramps higher: |  Major indices reported nice gains early in today's session but as oil moved higher [nearly $65 bbl] the popular averages moved lower to end about 1 percent off  the highs. Very little economical input today but tomorrow, jobless claims, business inventory, and retail sales could move trading. The DJIA and S&P 500 ended lower by 0.2 percent, the NASDAQ off by 0.8 percent. The forecast continues at CAUTION with a positive bias.   8/10/05 Wednesday 4:57p Eastern  

8/9/05 Tuesday-

Tuesday open- Fed day: |  Look for a positive open.   8/9/05 Tuesday 9:28a Eastern

Fed raises target interest rate to 3.5 percent: |  The Committee believes that, even after this action, the stance of monetary policy remains accommodative-  policy accommodation still measured.   8/9/05 Tuesday 3:39p Eastern

Stocks gain slightly on Fed rate-hike: | Major indexes ran-up in early morning trade and hung around waiting for the Fed to raise rates. Indexes meandered in afternoon trade to end slightly higher. Wednesdays market could tell us what investors feel about continuing rate-hikes. The Fed statement that accompanied the hike indicates that the Fed will continue hiking rates-  no apparent sign to indicate the end of the hike-cycle. The DJIA ended higher by 0.8 percent, the S&P500 higher by 0.7 percent, and the NASDAQ was up by 1/2 percent. The forecast continues to indicate CAUTION with a positive bias.   8/9/05 Tuesday 5:36p Eastern  

8/8/05 Monday-

Monday's opening comment: |  Look for a neutral-to-positive open.   8/8/05 Monday 9:28a Eastern

Stocks turn flat, oil ramps up-  ahead of FOMC meeting tomorrow: |  Oil tops $63. bbl, headed for 64 on production and terrorism concerns while M&A activity picks up [ETrade - Harris Direct]. It is widely expected for the Fed to raise rates to 3.5 percent in tomorrows meeting but investors will want to know if the Fed will hint at a stopping point on hikes-  it is becoming accepted that rate-hike will continue through the year and maybe into 2006. Stocks turn flat as no one is willing to make much of a bet before the Fed statement Tuesday afternoon. The DJIA is flat, S&P500 up slightly by 0.1 percent, and the NASDAQ is down by 0.2 percent. The Barometer forecast continues to indicate CAUTION with a positive bias.    8/8/05 Monday 12:23p Eastern

Dow and S&P 500 end nearly flat, while the NASDAQ moved lower-  Fed FOMC on deck: |  Oil hits record as it nears $64 bbl while stocks meander and end lower ahead of the rate-hike by the FOMC tomorrow. It is expected the Fed target to go to 3.5 percent, but it will be the accompanying statement that the market will focus on. Investors want to know when the hike-cycle will end. Some think not until 2006 when rates could reach 5 percent. The market could get volatile tomorrow afternoon. Meanwhile today, the major indexes [DJIA and S&P 500] ended nearly flat and the NASDAQ ended lower by 0.6 percent. The forecast continues to show CAUTION with a positive bias.   8/8/05 Monday 5:07p Eastern  

8/6/05 Weekend-

8/5/05 Friday-

Friday's market- open: |  Look for a neutral-to-negative open.   8/5/05 Friday 9:26a Eastern

Oil runs past $62 and baidu.com runs past 300 percent on debut: |  Guess no money left for equities as between oil and Wall Street's latest IPO, the broader market couldn't catch much of a bid. Nonfarm jobs data for July started the move lower for stocks this morning and put stress on investors as worries about continuing interest rate-hike fear is at the focus;  jobs-created and hourly-earnings came in above expectations. The DJIA fell 1/2 percent, the S&P 500 was off by 0.8 percent, and the NASDAQ ended off by 0.6 percent. The forecast indicates CAUTION with a positive bias. The bias is subject to downgrade Monday.  8/5/05 Friday 5:51p Eastern  

8/4/05 Thursday-

Thursday's market looks weak: |  Look for a negative open.   8/4/05 Thursday 9:26a Eastern

Store sales and jobs data set investors to take profits: |  With mixed retail sales data and an unexpected drop in jobless initials claims, investors take profits while price of oil builds support [oil holding $61 bbl]. Near the lows of the session, the DJIA is off by 0.7 percent, the S&P 500 is lower by 0.6 percent, and the NASDAQ is leading the way [lower] by 1 percent. The forecast continues to indicate CAUTION with a positive bias. The bias is subject downgrade.   8/4/05 Thursday 2:05p Eastern

Investor take money ahead of big jobs data tomorrow: |  Stocks moved lower Thursday ahead of the nonfarm unemployment report that experts say to expect around 180,000 new positions added to the workforce in July. Meanwhile in today's session retail sales and jobless claims got things off on the wrong foot. At the end of the session selling took the averages to near the lows of the day. The DJIA lost 0.8 percent, the S&P 500 lost 0.7 percent, and the NASDAQ lost 1.2 percent. The forecast indicates CAUTION with a positive forecast-bias;  the bias is subject to downgrade, to neutral.   8/4/05 Thursday 4:55p Eastern  

8/3/05 Wednesday-

Stocks set to open lower: |  Look for a negative open.   8/3/05 Wednesday 9:25a Eastern

Equities slip Wednesday morning amid high oil prices: |  U.S. stock major indexes moved lower Wednesday morning while the price of oil continues to hold low $60-62 bbl ahead of inventory report. ISM service report and EIA oil inventory input along with earnings sees some profit taking from yesterdays advances. At mid-session the DJIA is slightly lower by 0.1 percent, the S&P500 is flat, and the NASDAQ lower by 0.2 percent. The forecast continues to indicate CAUTION with a positive bias.   8/3/05 Wednesday 11:22a Eastern

Equity market ends mixed ahead of jobs input tomorrow and Friday: |  Oil moved lower as it appears it may try and build a base in the lower $60's. Time Warner posts loss and the 30-year bond is back-  to be issued next year. The DJIA and S&P500 ended slightly higher by 0.1 percent, the NASDAQ lower by 0.1 percent. The Barometer forecast continues to show CAUTION with a positive bias.   8/3/05 Wednesday 4:55p Eastern  

8/2/05 Tuesday-

Opening comment: |  Look for a neutral-to-positive open.   8/2/05 Tuesday 9:27a Eastern

Wall Street equity investors push the major indexes higher Tuesday: |  Stocks continue upward on economical input, such as consumer spending, and earnings [Comcast 2-Q profits] while CNOOC pulls Unocal offer. Oil prices are down slightly while traders appear to be building a base in the lower $60's, much like the lower $50 base-building months ago for a possible push higher to the upper $60, maybe $70. The DJIA and S&P500 posting 1/2 percent gain, with the NASDAQ higher by 0.6 percent. The forecast continues to show CAUTION with a positive bias.   8/2/05 Tuesday 11:16a Eastern

New forecast suggests sell off is coming: |  The Market Memo-  a Barometer forecast memo based on models-  suggests a "higher probability" that a sell off is near, could be just around the corner. "The first sell off could occur in early to mid August [S&P500 moving to 1200]."     8/2/05 Tuesday 1:39p Eastern

Stocks make big gains Tuesday, oil too: |  The stock market is hot with the major averages moving higher while the price of oil moves in the same direction. A new updated memo sees a dip for the S&P500 coming soon. Is this market for real or is this a "sucker's rally"? The Memo suggests three ways the market can go with a dip leading the way. Meanwhile, today's outstanding performance sees the DJIA higher by 0.6 percent, the S&P500 higher by 0.7 percent, and the NASDAQ up by 1 percent. The forecast continues to indicate CAUTION with a positive bias.   8/2/05 Tuesday 5:01p Eastern  

8/1/05 Monday-

Opening comment: |  Look for a neutral-to-positive open.   8/1/05 Monday 9:24a Eastern

Major stock market indexes mixed Monday morning as U.S. manufacturing continues to expand: |  Major indices continue in neutral territory, midmorning Monday, amid news that U.S. manufacturing continues to expand at 56.6% in July, according to a private economical group-  figures above 50 indicate expansion. The DJIA slightly lower by 0.1 percent, the S&P500 slightly higher by 0.1 percent, and the NASDAQ solidly up by 0.3 percent.   8/1/05 Monday 10:58a Eastern

Stock market closed Monday session mixed, as the wait is on for fresh economical input: |  Stocks meander while oil moves higher [above $61 bbl] in response to King Fahd's death. Procter & Gamble posts a rise in profits and ISM manufacturing report indicates manufacturing continuing to expand. The DJIA closed off by 0.2 percent, the S&P500 slightly higher by 0.1 percent, and the NASDAQ outperformed with a 1/2 percent gain. The forecast continues to show CAUTION with a positive bias.   8/1/05 Monday 4:54p Eastern  

7/30/05 Weekend-

7/29/05 Friday-

Opening comment: |  Look for a neutral possibly mixed open.   7/29/05 Friday 9:27a Eastern

The popular average move lower Friday on GDP input: |  Stocks sagged Friday amid report that inflation continues to be contained while the economy continues hot, but slowing, had traders and investors not as active in buying today, the last trade of the month. The DJIA and NASDAQ ended lower by 0.6 percent, the S&P500 was off by 0.8 percent. The Barometer forecast continues to indicate CAUTION with a positive bias.   7/29/05 Friday 4:52p Eastern  

7/28/05 Thursday-

Opening comment: |  Look for a neutral-to-positive open.   7/28/05 Thursday 9:27a Eastern

Market indices bounce off lows, trend up Thursday morning: |  Exxon Mobil earnings helps investors to trade stocks higher in the morning session while the wait continues for GDP input tomorrow. At midday the DJIA and S&P500 were higher by 0.4 percent while the NASDAQ was up by 0.3 percent. The forecast continues to show CAUTION with a positive bias.   7/28/05 Thursday 12:32p Eastern

Another rise for the major indexes ahead of GDP: |  U.S. stock market puts in another positive day on earnings/outlook input and little other news [little to no bad news is very good news]. All eyes are on GDP input out tomorrow morning that will indicate how the second-quarter is doing;  this is advance estimates of 2Q by the Government. Exxon Mobile and others helped investors send stocks higher with the DJIA, S&P500, and NASDAQ closing higher by 0.6 percent. The forecast continues to indicate CAUTION with a positive bias.   7/28/05 Thursday 5:08p Eastern  

7/27/05 Wednesday-

Opening comment: |  Look for a neutral-to-positive open.   7/27/05 Wednesday 9:27a Eastern

Stock market lingers: |  Again today stocks not moving much, nearing midday trade. Durable goods order input and generally good earning and outlook statements hasn't moved bids higher. Investors continue to be content looking for direction. The DJIA slightly higher by 0.1 percent, the S&P 500 is flat, and the NASDAQ lower by 0.2 percent. The forecast continues at CAUTION with a positive bias.   7/27/05 Wednesday 11:48 Eastern

Late day push sends indexes higher: |  The Federal Reserve released the Beige Book summary [unofficial comments by the Fed districts] that inspires buyers late in Wednesday's session. The report indicates the economy continuing to expand while the rate of inflation being contained. That report plus all the good earnings outlook and the Durable goods input sends stocks higher by 1/2 percent. The DJIA, S&P 500, and the NASDAQ rose by 1/2 percent. The forecast continues to show CAUTION with a positive bias.   7/27/05 Wednesday 5:36p Eastern  

7/26/05 Tuesday-

Opening comment: |  Look for a neutral-to-mixed open.   7/26/05 Tuesday 9:26a Eastern

Stocks meander the unchanged-line Tuesday: |  Not much movement Tuesday morning with the major indices, as there are plenty of earning to decipher [BP - Texas Instruments - Lockheed - DuPont and others]. Meanwhile, oil prices ramp up [$59.75 bbl, + 0.75] amid a slumping consumer confidence report issued this morning. The DJIA is lower by 0.2 percent, the S&P500 and NASDAQ are slightly higher by 0.1 percent. The forecast continues to show CAUTION with a positive bias.   7/26/05 Tuesday 12:54p Eastern

Popular stock indexes end mixed on flat session: |  With durable goods, oil inventory data, jobless claims, and GDP input outstanding, traders and investors opt to trade on fresh input scheduled for release over the next three-days. Earnings input does little to move bids higher as the market trended sideways Tuesday with the Dow managing a 0.2 percent loss, while the S&P500 gained 0.2 percent on the day;  NASDAQ turned in a 0.4 percent higher move. The forecast continues to show CAUTION with a positive bias.   7/26/05 Tuesday 5:39p Eastern  

7/25/05 Monday-

Opening comment: |  Look for a flat, possibly mixed open.   7/25/05 Monday 9:22a Eastern

Market major indexes meander the flat-line Monday: |  U.S. stock market gets off to a slow start Monday as traders may opt for important economical data later this week [GDP - Chicago PMI, and others];  Mixed earnings report today [Bellsouth - Xerox] is less than inspiring to investors thus far in trade;  M&A sees Teva Pharmaceutical to buy Ivax for 7.4 billion;  The DJIA is off slightly by 0.1 percent, the S&P 500 is flat, and the NASDAQ lower by 0.3 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.   7/25/05 Monday 12:30p Eastern

US stocks trend lower Monday on slow day: |  Mixed earnings data today and little other data-points to consider;  traders and investors opt for more input in the form of Durable goods, GDP, and Chicago PMI in addition to more quarterly earnings news. The DJIA moved lower by 1/2 percent, the S&P500 was lower by 0.4 percent, and the NASDAQ was off the mark by 0.6 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.   7/25/05 Monday 4:50p Eastern  

7/23/05 Weekend-

Forecast restatement-correction: |  We inadvertently said the bias is neutral. The forecast bias has been and is still positive. The forecast should have stated, The Market-Barometer™ stock market* forecast models indicate CAUTION with a positive forecast-bias going into Monday's open. We regret the error.   7/24/05 Sunday 9:38p Eastern  

7/22/05 Friday-

Opening comment: |  Look for a neutral-to-positive open.   7/22/05 Friday 9:21a Eastern

Dow and NASDAQ turn positive late- SP500 outperforms with a 1/2 percent move higher Friday: |  Stocks end positive Friday as London terror continues to hold investors focus. With GDP and Chicago PMI looming next week, traders and investors opt for a near-neutral day. The DJIA ended up by 0.2 percent, the S&P500 ended higher by 1/2 percent, the NASDAQ ended positive by 0.1 percent. The forecast continues to indicate CAUTION with a positive bias;  the forecast is subject to change.   7/22/05 Friday 4:57p Eastern  

7/21/05 Thursday-

Opening comment: |  Look for a neutral, possibly mixed open.   7/21/05 Thursday 9:27a Eastern

Major indexes continue to trend negative on London explosions: |  Morning futures were upbeat-   looked like start of a positive market-   but all that turned with word of explosions in London;  Jobless initial claims fell sharply last week by some 34,000 claims;  China made currency change to the Juan and a mixed bag of earnings results keeps stocks underwater at midday;  The DJIA is lower by 0.3 percent, the S&P 500 is lower by 0.4 percent, and the NASDAQ slightly off by 0.1 percent. The forecast indicate CAUTION with a positive forecast-bias;  forecast is subject to change.   7/21/05 Thursday 12:37p Eastern

Terror strikes stocks again: |  From the get-go, traders and investors focused on the London subway explosions and less on other market news [EBay earnings - Allstate outlook - Nokia miss - China devalues Juan by 2%] that kept the major indexes underwater all day. This was supposed to be a day that the Barometer models to measure the session for forecast upgrade, but that will be put-off till Friday-Monday session. The DJIA ended lower by 0.6 percent, the S&P500 lower by 0.7 percent, and the NASDAQ off by 1/2 percent. The forecast indicates CAUTION with a positive bias;  the forecast is subject to upgrade.   7/21/05 Thursday 4:59p Eastern  

7/20/05 Wednesday-

Opening comment: |  Look for a neutral-to-negative open.   7/20/05 Wednesday 9:27a Eastern

Rate-hikes to continue: |  Investors are no longer in the dark on interest rates, as the Fed Chief Alan Greenspan says rate increases will continue. Reaction was muted at first by investors but in afternoon trade the major indexes post gains.   7/20/05 Wednesday 3:55 Eastern

Stocks make comeback Wednesday after Fedspeak: |  Major indexes come from negative territory Wednesday to end near the highs of the session amid the FOMC Chief testifying that the economy can sustain growth and that the Fed will continue measured pace. GM's negative news got the market off to a poor start but turned around to end higher-  Thursday will be a test of confidence for investors-  The Barometer forecast continues to indicate CAUTION with a positive bias;  the forecast is subject to upgrade in Thursday's session. The DJIA closed up by 0.4 percent, the S&P500 closed up by 1/2 percent, and the NASDAQ outperformed with a 0.7 percent gain today.   7/20/05 Wednesday 4:46p Eastern  

7/19/05 Tuesday-

Opening comment: |  Look for a neutral-to-positive open.   7/19/05 Tuesday 9:27a Eastern

IBM sends investors on a buying spree: |  IBM energizes NASDAQ which leads the broader market to gains Tuesday. Intel's results after the close likely to keep good mood going Wednesday. HP intends to reorganize- and cut jobs-  in an effort to control costs and margins. Ford Motor Company helped with beating earnings expectations. The DJIA and S&P500 closed higher by 0.7 percent, the NASDAQ outperformed with a 1.3 percent gain. The Barometer forecast indicates CAUTION with a positive bias;  the forecast is subject to an upgrade Wednesday.    7/19/05 Tuesday 4:53p Eastern  

7/18/05 Monday-

Opening comment: |  Look for a neutral-to-negative open.   7/18/05 Monday 9:27a Eastern

Equities move lower Monday;  earnings season begins: |  Major indices ended in negative territory Monday on Citigroup profit miss- Bank of America earnings ignored for the most part. The DJIA, S&P500, and NASDAQ lost 0.6 percent today. The forecast indicates CAUTION with a positive forecast-bias.   7/18/05 Monday 4:58p Eastern  

7/16/05 Weekend-

7/15/05 Friday-

Opening comment: |  Look for a neutral open.   7/15/05 Friday 9:27a Eastern

Stocks end Friday up with weekly upbeat performance: |  The major averages turned around and went positive with two-hours left in today's session to end higher, ending an upbeat week for equities. The DJIA and S&P500 ended up slightly by 0.1 percent, the NASDAQ was higher by 0.2 percent. The Barometer forecast indicates CAUTION with a positive bias.   7/15/05 Friday 4:58p Eastern  

7/14/05 Thursday-

Opening comment: |  Look for a positive open.   7/14/05 Thursday 9:22a Eastern

Market rallies- oil tanks: |  Investors delight! All good news [CPI, retail sales - inflation - Apple computer, AMD] has the market higher Thursday while crude oil tanks;  What's wrong with this picture? When everybody gets on the same page, danger lurks. The Barometer indicates CAUTION-  caution should be used over the next couple of sessions. Caution is not a bad thing, it just means be cautious. When everybody expects the market to move higher it is very possible for a move lower;  the DJIA is higher by 0.7 percent, the S&P 500 is higher by 0.3 percent, and the NASDAQ up by 1/2 percent. The forecast continues to indicate CAUTION with a neutral forecast-bias. The bias is subject to upgrade.   7/14/05 Thursday 1:39p Eastern

Market alert- Forecast bias is changing to positive: |  Pre-close models indicate a change to the forecast-bias from neutral to positive. This change to occur prior to the close. Further information to follow. 7/14/05 Thursday 2:43p Eastern

Major indexes move higher, broader issues lag: |   Good news [CPI inflation data, retail sales - Apple computer, AMD] has the major indices higher Thursday while crude oil moved lower;   The Barometer forecast-bias was changed before the close to positive from neutral. The forecast now indicates CAUTION with a positive forecast-bias. The DJIA ended up by 0.7 percent, the S&P500 ended up by 0.3 percent, and the NASDAQ ended the session higher by 0.4 percent.   7/14/05 Thursday 5:03p Eastern  

7/13/05 Wednesday-

Opening comment: |  Look for a flat-to-mixed open.   7/13/05 Wednesday 9:27a Eastern

Equities meander in late trading Wednesday: |  Stocks continue to meander while traders and investors mull data-points [trade deficit - oil inventory report - Emily];  In other news, Ebbers gets 25 years and shuttle Discovery launch is delayed;  The DJIA is higher  by 0.3 percent, the S&P 500 is flat, and the NASDAQ is slightly off by 0.1 percent. The forecast continues to indicate CAUTION with a neutral forecast-bias.   7/13/05 Wednesday 2:10p Eastern

Dow continues swing higher, S&P500 and NASDAQ end with slight gains: |  Are stocks poised for a summer rally or will the market pullback-  next two days could tell-  a ton of economical data-points tomorrow and Friday with the inflation data key. Today's near flat market was amid trade deficit report and crude oil inventory data, as oil continues to move up on a new storm-  Emily-  that could move into the oil-platform rich Gulf. The DJIA rose 0.4 percent, the S&P500 was slightly higher by 0.1 percent, and the NASDAQ ended flat. The forecast continues to indicate CAUTION with a neutral forecast-bias and is subject to change.   7/13/05 Wednesday 4:58p Eastern  

7/12/05 Tuesday-

Opening comment: |  Look for a flat open Tuesday morning. Could turn mixed.   7/12/05 Tuesday 9:25a Eastern

Major indexes end mixed- broader market is doing well: |  Dow Jones ends slightly lower, other major indices end up for the day. Oil continues higher amid another storm brewing and BP's report of a development platform listing after Dennis went through. No word on what caused the rig to tilt;  rig is not in production, outage shouldn't affect crude oil inventory data-points tomorrow. The DJIA ended off by 0.1 percent, the S&P500 was higher by 0.2 percent, the NASDAQ up by 0.4 percent. The Barometer forecast indicates CAUTION with a neutral forecast-bias.   7/12/05 Tuesday 5:07p Eastern  

7/11/05 Monday-

Opening comment: |  Look for a neutral, possibly mixed open Monday morning.   7/11/05 Monday 9:28a Eastern, republished 10:07

No bad news keeps rally alive: |  Stocks continue the trek higher Monday, after hitting Thursday lows of the day [London terrorist attacks]. Inflation data is ahead [CPI and PPI on Thursday and Friday] later in the week and crude oil continues lower on little storm damage to production units and drilling rigs. The DJIA rose 0.7 percent, the S&P500 rose by 0.6 percent, and the NASDAQ ended higher by 1.1 percent. The Barometer forecast indicates CAUTION with a neutral forecast-bias.;  the bias was changed from positive last Wednesday.   7/11/05 Monday 4:51p Eastern  

7/9/05 Weekend-

7/8/05 Friday-

7/8/05 Friday 9:26a Eastern- Look for a flat open-  could turn mixed.

7/8/05 Friday 4:55p Eastern- U.S. stock market continues Thursdays rally [indices come from deep depressed state on London attacks yesterday] to end better than 1 percent higher today and better than 2.5 [approx.] percent both days from the lows Thursday morning. The DJIA closed up Friday by 1.4 percent, the S&P500 rose 1.2 percent, and the NASDAQ higher by 1.8 percent. The forecast indicates CAUTION with a neutral forecast-bias.  

7/7/05 Thursday-

7/7/05 Thursday 9:25a Eastern- Look for a negative open and start.

7/7/05 Thursday 4:55p Eastern- U.S. stocks make a huge comeback in face of waning concerns over the terror attacks in London this morning. All ahead of major economical data tomorrow in the form of payroll data that could indicate strength of the economy. Stock market ends terror-filled news day with gains, the DJIA, S&P 500, and the NASDAQ  rose by 0.3 percent. The forecast bias was downgraded yesterday prior to the close to neutral from positive;  the forecast now indicates CAUTION with a neutral bias.  

7/6/05 Wednesday-

7/6/05 Wednesday 9:26a Eastern- Look for a flat possibly mixed open.

7/6/05 Wednesday 3:37p Eastern- Market alert. The pre close models indicate a bias change to NEUTRAL. Further information to come. Bias is being changed prior to the close.

7/6/05 Wednesday 5:37p Eastern- Black gold, Texas tea [crude oil] has broken through $61 bbl on its trek higher, meanwhile, the stock market moves lower, wiping yesterdays gains [S&P500] out. The Barometer forecast bias was changed to NEUTRAL from positive prior to the close today making the forecast indicate CAUTION with a neutral bias. The DJIA lost 1 percent, the S&P 500 lost 0.8 percent, and the NASDAQ lost 1/2 percent. Tomorrows jobless claims and Fridays payroll report could be market movers.  

7/5/05 Tuesday-

7/5/05 Tuesday 9:26a Eastern- Look for a neutral-to-negative open.

7/5/05 Tuesday 4:49p Eastern- Market puts in a nice post holiday gain that sees the indices end nearly at the highs of the session;  helping sentiment today was factory orders rising 2.9 percent. Tomorrow ISM data could spur trading;  The DJIA closed up by 0.7 percent, the S&P 500 was higher by 0.9 percent, and the NASDAQ closed with a 1 percent gain. The forecast continues to indicate CAUTION with a positive bias.  

7/2/05 Holiday- 4th. of July- Weekend-

7/4/05 Monday 12:17p Eastern- U.S. markets closed Monday, 4th. of July, Independence Day holiday. Markets will reopen Tuesday morning.  

7/1/05 Friday-

7/1/05 Friday 9:22a Eastern- Look for a neutral-to-positive open.

7/1/05 Friday 4:50p Eastern- Stocks end flat Friday, first session of the third-quarter, and ahead of a long holiday weekend for U.S. markets as markets will be closed Monday for the July 4th., Independence Day, holiday. The DJIA and S&P500 ended Friday with a 0.3 percent gain, the NASDAQ ended flat. The Barometer forecast continues to indicate CAUTION with a positive bias;  bias is subject to change in Tuesdays session.  

6/30/05 Thursday-

6/30/05 Thursday 9:27a Eastern- Look for a neutral-to-positive open.

6/30/05 Thursday 4:56p Eastern- Stock market moves lower Thursday, after the Fed decided on another rate-hike. The market was hoping for a statement, by the Fed, that rate-hikes are close to being done for this cycle, but no such word from the FOMC today. It appears no monetary policy change will be forthcoming and the market now has to deal with more rate-hikes through the rest of the year and probably into 2006. Other economical data [jobless claims - Chicago PMI data] went unnoticed as the Fed overshadowed all other news of the day. The DJIA hit the hardest with a 1 percent loss, the S&P 500 moved lower by 0.7 percent, the NASDAQ was off by 0.6 percent. The Barometer forecast indicates CAUTION with a positive forecast-bias, the bias is subject to change during Fridays session.  

6/29/05 Wednesday-

6/29/05 Wednesday 9:27a Eastern- Look for a neutral-to-mixed open.

6/29/05 Wednesday 4:55p Eastern- U.S. stock market ends Wednesday flat as all eyes are on the Federal Reserve. The FOMC is expected to raise the Federal Funds target rate by 25 basis points tomorrow at 2:15 pm EST. More important than short-term interest rates will be the accompanying statement by the FOMC-  traders and investors will parse the statement looking for any hint to policy change-  the market wants to know how much longer will the Fed hike rates. Tomorrow also is the end of the quarter and things could get volatile depending on how things go tomorrow afternoon. The Government said, this morning, that first-quarter GDP rose to 3.8 percent, above the 3.7 estimate-  market reaction overall was muted. The DJIA was lower by 0.3 percent, the S&P 500 and NASDAQ slightly lower by 0.1 percent. The Barometer forecast continues to indicate CAUTION with a positive bias.  

6/28/05 Tuesday-

6/28/05 Tuesday 9:28a Eastern- Look for a neutral-to-positive open.

6/28/05 Tuesday 2:43p Eastern- Stocks maintain positive stance in afternoon trading on consumer confidence data and the price of oil [$58.20] while traders and investors await data on the economy [GDP - PMI] and expected rate-hike from the Fed. The DJIA and S&P 500 are higher by 0.8 percent, the NASDAQ higher by 1 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.

6/28/05 Tuesday 4:59p Eastern- Stocks rally Tuesday amid consumer confidence data and tumbling crude oil prices. Traders and investors look forward to more economical data [purchasing index and GDP] as well as the Federal Reserve [The Fed is expected to raise interest rates]. Meanwhile, the DJIA ended with a 1.1 percent gain, the S&P500 was higher by 0.9 percent, and the NASDAQ ended higher by 1.2 percent. The forecast continues to show CAUTION with a positive bias.   [back]

6/27/05 Monday-

6/27/05 Monday 9:27a Eastern- Look for a flat open.

6/27/05 Monday 4:50p Eastern- Stock market ends flat- NASDAQ lower by 0.4 percent on a non-directional trade-day as traders and investors await the Fed to hike rates later in the week;  GDP and PMI data out also on the market radar screen. Oil closes above $60 bbl and looks to be moving higher-  EIA oil inventory report is scheduled for Wednesday. The DJIA and S&P 500 closed slightly lower by 0.1 percent, the NASDAQ was lower by 0.4 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.  

6/25/05 Weekend-

6/24/05 Friday-

6/24/05 Friday 9:24a Eastern- Look for a flat open. Could turn mixed.

6/24/05 Friday 4:59p Eastern- Another 100+ day for the Dow, as oil continues higher, just short of $60 bbl. With growing fear of an economical slowdown and growing concerns that the price of oil could go higher, traders and investors opt to take profits and wait for next week, with GDP and PMI data-points and the FOMC on deck. The DJIA lost 1.2 percent, the S&P 500 and NASDAQ did a little better but lost 0.8 percent. The forecast continues to indicate CAUTION with a positive forecast-bias. The bias is subject to downgrade.  

6/23/05 Thursday-

6/23/05 Thursday 9:27a Eastern- Look for a flat, possibly mixed open.

6/23/05 Thursday 4:50p Eastern- Crude oil hits $60 [falls back and closes $59.42 +1.33] stocks dive Thursday with the Dow off by more than 150 points;  China bids late for California Unocal- sparks debate;  existing home sales data and GE to reorganize internally in other news along with Greenspan/Snow comments;  The DJIA lost 1.6 percent, the S&P 500 lost 1.1 percent, and the NASDAQ lost 1 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.   

6/22/05 Wednesday-

6/22/05 Wednesday 9:28a Eastern- Look for a positive open.

6/22/05 Wednesday 4:55p Eastern- Stocks continue to meander as crude oil falls to below $59 bbl. Ameritrade to buy TD Waterhouse; very little economical data and being it's summer, little action as traders and investors probably will want to wait for more data points, such as GDP and the PMI reports next week. The DJIA ended slightly lower by 0.1 percent, the S&P 500 ended flat, the NASDAQ ended slightly higher by 0.1 percent. The forecast continues to indicate CAUTION with a positive bias.  

6/21/05 Tuesday-

6/21/05 Tuesday 9:27a Eastern- Look for a flat to mixed open.

6/21/05 Tuesday 4:55p Eastern- Stock market ends mixed on little economical data;  oil end Tuesday lower but still on the minds of traders and investors. The DJIA ends slightly lower by 0.1 percent, the S&P500 ended lower by 0.2 percent, the NASDAQ was slightly higher by 0.1 percent. The forecast continues to indicate CAUTION with a positive bias.  

6/20/05 Monday-

6/20/05 Monday 9:27a Eastern- Look for a negative open.

6/20/05 Monday 4:55p Eastern- Stocks recover most of the loss for the day and end slightly under the unchanged-line amid driving crude prices. Oil reaches $59 bbl and is headed to $60 amid concerns of producer production limits.  The LEI index was released this morning that indicates a slowdown in the U.S. economy. Not a real positive environment today for stocks as the major indexes indicate;  the DJIA, S&P500, and NASDAQ close slightly lower by 0.1 percent. The Barometer forecast continues to indicate CAUTION with a positive forecast-bias.  

6/18/05 Weekend-

6/17/05 Friday-

6/17/05 Friday 9:21a Eastern- Look for a positive open.

6/17/05 Friday 4:56p Eastern- Dow 30 and S&P500 close the day with nice gains, NASDAQ ends flat on options expiration session. Oil continues its trek and closes well above $58 bbl. The DJIA rose by 0.4 percent, the S&P500 higher by 1/2 percent, and the NASDAQ ended flat. The forecast continues to indicate CAUTION with a positive bias.  

6/16/05 Thursday-

6/16/05 Thursday 9:27a Eastern- Look for a neutral, flat open. Could turn mixed.

6/16/05 Thursday 11:40a Eastern- Market indices meander- NASDAQ higher by 1/2 percent amid mostly neutral economical data [new home construction - housing starts - jobless claims];  oil continues higher breaking into $56. bbl.;  the DJIA is slightly higher by 0.1 percent, the S&P500 higher by 0.3 percent, and the NASDAQ is up by a hefty 1/2 percent. The forecast continues to indicate CAUTION with a positive bias.

6/16/05 Thursday 5:52p Eastern- Stocks do well for a near neutral-looking day. NASDAQ continues to make up lost ground;  still behind for the year, though. Today's mixed economical data [new home construction - housing starts - jobless claims] keeps sentiment neutral to positive with the Philadelphia Fed report showing some concerns- traders and investors will mull that report this evening. The DJIA was up slightly with a 0.1 percent gain, the S&P500 higher by 0.4 percent, the NASDAQ outperformed with a 0.7 percent gain. The forecast continues to show CAUTION with a positive bias.  

6/15/05 Wednesday-

6/15/05 Wednesday 9:25a Eastern- Look for a positive open. Could turn mixed.

6/15/05 Wednesday 11:40a Eastern- Initial reaction [futures and opening] to the CPI data was positive, but since early morning trading, stocks have moved into negative territory on building fears that the economy is slowing.;  oil continues its trek higher with the price of oil currently at $56.35 bbl.;  The DJIA and the S&P 500 are lower by 0.3 percent, and the NASDAQ is off by 1/2 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.

6/15/05 Wednesday 5:31p Eastern- A lot of data for investors to mull today [Consumer Price Index - business inventory - EIA oil report - Beige Book], sent socks higher, lower, and back to positive territory. Oil pulled back a little but continues to advance on spec that there will be a shortage later in the year. DJIA and S&P500 closed 0.2 percent higher, the NASDAQ up by 0.3 percent. The forecast continues at CAUTION with a positive bias.  

6/14/05 Tuesday-

6/14/05 Tuesday 9:28a Eastern- Look for a flat, possibly mixed open.

6/14/05 Tuesday 11:10a Eastern- Stock market major indices continue in mixed mode in late morning trade, after a mixed series of economical reports [manufacturing prices PPI - retail sales] this morning. Stocks opened flat, trended higher in early trading and since have trended off the highs and now indicate a mixed session prior to the lunch-hour. The DJIA and S&P500 are up by 0.2 percent, the NASDAQ is flat. The Barometer forecast continues to indicate CAUTION with a positive bias.

6/14/05 Tuesday 4:58p Eastern- Equities end nearly flat Tuesday ahead of more economical inflation data, this time in the form of the consumer. The CPI report will be released tomorrow and will shed more light on the inflation question and the rate-hike cycle question. Today the PPI report along with retail sales data didn't stir investors much although the major indexes did end in positive territory. The DJIA ended up by 0.2 percent, the S&P500 ended up 0.3 percent, and the NASDAQ ended flat. The forecast continues to show CAUTION with a positive bias.  

6/13/05 Monday-

6/13/05 Monday 9:27a Eastern- Look for a neutral, flat open. Could turn mixed.

6/13/05 Monday 10:43a Eastern- U.S. Stock market starts the week in negative territory but trending positive midmorning, as traders and investors wait on more economical data, specifically inflation data. With PPI data out tomorrow and CPI out Wednesday and a host of other data points [Business inventory - retail sales - jobless data - consumer sentiment and others], stock trading today will probably continue flat. The Dow is slightly higher by 0.1 percent, the S&P500 higher by 0.2 percent, and the NASDAQ higher by 0.4 percent. The forecast continues to indicate CAUTION with a positive bias.

6/13/05 Monday 5:42a Eastern- updated- U.S. Stock market starts the week in negative territory and ends Monday flat, as traders and investors await inflation reports. With PPI data out tomorrow and CPI out Wednesday and a host of other data-points [Business inventory - retail sales - jobless data - consumer sentiment and others], stocks ended flat but in positive territory. The DJIA ended up 0.1 percent, the S&P500 was higher by 0.2 percent, and the NASDAQ was higher by 0.3 percent. The forecast continues to indicate CAUTION with a positive bias.  

6/11/05 Weekend-

6/10/05 Friday-

6/10/05 Friday 9:27a Eastern- Look for a neutral, flat open. Could turn mixed.

6/10/05 Friday 1:40p Eastern- Slow Friday sees the major market indexes continue to trend lower while the forecast continues to indicate CAUTION;  The DJIA is off by 0.2 percent, the S&P 500 is off by 0.4 percent, and the NASDAQ lower 0.8 percent.

6/10/05 Friday 4:41p Eastern- Dow and S&P500 end Friday mixed-  NASDAQ ends well off the mark. The Barometer forecast continues to indicate CAUTION with a positive forecast-bias;  The DJIA ended slightly higher by 0.1 percent, the S&P 500 was off for the day by 0.2 percent, and the NASDAQ hit the hardest with a 0.7 percent loss.  

6/9/05 Thursday-

6/9/05 Thursday 9:27a Eastern- Look for a neutral-to-mixed open.

6/9/05 Thursday 12:12p Eastern- Stock market major indexes turn positive midday while investors and traders continue to parse comments of Fed Chief Alan Greenspan as he testifies before the Congress today.;  Earlier this morning the Government reported a decrease in first time jobless claims last week.;  The DJIA is up by 0.2 percent, the S&P 500 is up by 0.3 percent, and the NASDAQ higher by 0.4 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.

6/9/05 Thursday 4:55p Eastern- Stocks end the session with good gains attributed to "nothing new" with Fed monetary policy;  rate hikes are likely to continue through the year. Current Fed monetary policy will continue until inflation data forces a change;  the next big inflation data point is the PPI and CPI next week. The DJIA ended Fed-day with a 0.3 percent rise, the S&P500 ended higher by 1/2 percent, and the NASDAQ outperformed with a 0.8 percent gain. The forecast continues to show CAUTION with a positive bias.  

6/8/05 Wednesday-

6/8/05 Wednesday 9:25a Eastern- Look for a neutral-to-positive open.

6/8/05 Wednesday 10:53a Eastern- Stocks continue higher Wednesday morning with the DJIA higher by 0.4 percent, the S&P 500 up by 0.3 percent, and the NASDAQ higher by 0.2 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.

6/8/05 Wednesday 4:45p Eastern- Stocks end nearly flat for the day after a good start this morning. Slow day-  low volume-  with little in way of economical data and no real market news [White House adjusted GDP and inflation forecast with little effect on the market]. Investors and traders are gearing up for Alan Greenspan testimony tomorrow to get an idea how much longer the rate-hike cycle will continue. Investors and traders will glean out any hint of monetary policy change in his statements-  Greenspan could be a market mover Thursday. The DJIA ended slightly off by 0.1 percent, the S&P500 was off by 0.2 percent, and the NASDAQ lower by 0.3 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.  

6/7/05 Tuesday-

6/7/05 Tuesday 9:26a Eastern- Look for a neutral-to-positive open.

6/7/05 Tuesday 10:56a Eastern- Market rallies Tuesday morning with the DJIA posting a 0.9 percent rise, the S&P 500 and NASDAQ higher by 0.8 percent. The forecast continues to indicate CAUTION with a positive forecast-bias;  GM to cut 25,000 jobs;  Alan Greenspan comments last night.

6/7/05 Tuesday 4:50p Eastern- Rally turns south Tuesday afternoon- NASDAQ lost over 1 percent from the high to the end of the session.;  The DJIA ended slightly positive by 0.2 percent, the S&P 500 was flat, and the NASDAQ moved well into negative territory with a 0.4 percent loss. The forecast continues to indicate CAUTION with a positive forecast-bias.  

6/6/05 Monday-

6/6/05 Monday 9:28a Eastern- Look for a flat open.

6/6/05 Monday 10:5648a Eastern- Stocks move slightly lower Monday morning amid merger news [Washington Mutual - Providian and ProLogis - Catellus] and oil prices [$54.80 bbl};  The DJIA, S&P 500, and NASDAQ are slightly lower by 0.2 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.

6/6/05 Monday 5:40p Eastern- Slow stock day as the major indices hold close to unchanged all day;  there were no economical data to trade on, but some M&A deals [ProLogis - Catellus and Washington Mutual - Providian] to ponder as the DJIA and S&P500 closed slightly lower by 0.1 percent, the NASDAQ was lower by 0.2 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.  

6/4/05 Weekend-

6/3/05 Friday-

6/3/05 Friday 9:26a Eastern- Look for a neutral.

6/3/05 Friday 10:09a Eastern- corrected- Look for a neutral open.

6/3/05 Friday 2:33p Eastern- The stock market moves lower Friday after the Government reported only 78,000 new jobs were added to the economy last month, well below economists expectations. Oil jumps higher Friday [$55.05] helping stocks lower. ISM non-manufacturing index moves lower but still suggests services sector is still expanding but at a slower rate. The DJIA was off by 0.8 percent, the S&P500 was off by 0.6 percent, and the NASDAQ lower by 1.1 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.

6/3/05 Friday 4:49p Eastern- The DJIA ended Friday lower by 0.9 percent, the S&P 500 was lower by 0.7 percent, and the NASDAQ lower by 1.3 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.  

6/2/05 Thursday-

6/2/05 Thursday 9:26a Eastern- Look for a neutral-to-negative open.

6/2/05 Thursday 1:24p Eastern- Stocks meander Thursday ahead of the jobs report tomorrow;  With a mixed economical picture today, [Factory orders - productivity and cost - first time jobless claims] investors opt to wait for more data in tomorrows jobs report to get an idea if the economy is still on track.;  Also on investors mind are the M&A deals announced today [Sun Microsystems-StorageTek and Ebay-Shopping.com];  The DJIA is slightly lower by 0.1 percent, the NASDAQ is slightly higher by 0.1 percent, and the S&P 500 is flat. The forecast continues to indicate CAUTION with a positive forecast-bias. The forecast continues to be subject to change.

6/2/05 Thursday 4:58p Eastern- Stocks move indifferent to economical data and merger news as traders and investors await the nonfarm payroll jobs report tomorrow morning. The forecast continues to show CAUTION with a positive bias going into Fridays' session;  the forecast is subject to an upgrade during the session.  

6/1/05 Wednesday-

6/1/05 Wednesday 9:29a Eastern- Look for a neutral-to-mixed open.

6/1/05 Wednesday 1:41p Eastern- Stocks rallied Wednesday morning on hopes that the Fed rate-hike cycle [short-term interest] is near an end amid a Government report that shows manufacturing slowing but still expanding-  all good news to traders and investors.;  Oil rallies and is closing in on $54. bbl;  The DJIA is higher by 1 percent, the S&P 500 is up by 1.1 percent, and the NASDAQ, up by 1.2 percent. The forecast continues to indicate CAUTION with a positive bias. The forecast is subject to change during Thursday or Friday's session.

6/1/05 Wednesday 6:06p Eastern- updated- Stock market rallied Wednesday on hopes that the Fed rate-hike cycle [short-term interest] is near an end-  good news for investors;  The DJIA closed higher by 0.8 percent, the S&P 500 and NASDAQ closed higher by 0.9 percent. The forecast continues to indicate CAUTION with a positive bias. The forecast could change over the course of the next two sessions as there is a lot of economical data for investors and traders to mull-  data could cause volatility.  

5/31/05 Tuesday-

5/31/05 Tuesday 9:28a Eastern- Look for a neutral-to-mixed open.

5/31/05 Tuesday 1:26p Eastern- U.S. stock market moved lower Tuesday morning amid mixed economical data [consumer confidence - Chicago PMI] as the price of oil moves slightly lower;  The DJIA and S&P 500 are off by 1/2 percent, and the NASDAQ lower by 0.3 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.

5/31/05 Tuesday 5:01p Eastern- updated- Stocks end the day on a negative note but higher for the month.;  U.S. stocks moved lower Tuesday amid mixed economical data [consumer confidence - Chicago PMI] while the price of oil ended near $52 bbl;  The DJIA ended lower by 0.7 percent, the S&P 500 off by 0.6 percent, and the NASDAQ was off by 0.4 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.  

5/28/05 Memorial Day weekend-

5/30/05 Monday 11:07a Eastern- U.S. markets closed May 30, 2005 for Memorial Day.  

5/27/05 Friday-

5/27/05 Friday 9:28a Eastern- Look for a neutral-to-mixed open.

5/27/05 Friday 12:49p Eastern- Stock market major indexes hang near the unchanged-line ahead of long holiday weekend as investors and traders sift through economical data [Consumer spending - personal income - consumer sentiment - oil holds $51 bbl] with little reaction by the market;  The DJIA and S&P 500 are off by 0.1 percent, and the NASDAQ is flat. The forecast continues to indicate CAUTION with a positive forecast-bias.

5/27/05 Friday 4:35p Eastern- Slow day ahead of the holiday weekend as the DJIA and S&P500 closed up 0.1 percent, the NASDAQ up by 0.2 percent. The markets will be close Monday May 30 for Memorial Day. Economic data released today: consumer spending - personal income - consumer sentiment;  oil continues to move higher. The forecast continues to indicate CAUTION with a positive bias.  

5/26/05 Thursday-

5/26/05 Thursday 9:23a Eastern- Look for a positive open.

5/26/05 Thursday 11:24a Eastern- Stock market moves higher Thursday morning on positive GDP [economy grows at 3.5%, preliminary] and jobless claims data [claims up 1,000 last week]. The DJIA and S&P 500 are up by 0.6 percent, the NASDAQ higher by 0.8 percent. The forecast continues to indicate CAUTION with a positive bias.

5/26/05 Thursday 4:59p Eastern- Another advance for equities on GDP data. A preliminary reading of 3.5 GDP in the first-quarter was revised higher from the previous 3.1 reading inspired investors to bid stocks higher Thursday ahead of the three day holiday [Memorial Day] weekend. Oil prices and initial jobless claims took a backseat today as the "bulls" latched onto the good news-  follow through will be important over the next couple of sessions-  the Barometer forecast continues to indicate CAUTION with a positive bias. The DJIA rose 0.8 percent, the S&P500 was up by 0.6 percent, and the NASDAQ was higher by 1 percent. Another batch of data in consumer sentiment and personal income on tap tomorrow.  

5/25/05 Wednesday-

5/25/05 Wednesday 9:26a Eastern- Look for a neutral-to-negative open. Could turn mixed.

5/25/05 Wednesday 11:11a Eastern- Stocks move lower Wednesday morning amid a report by the Government that orders for new durable-goods rose in April, beating economists expectations. Oil is moving higher and has broke above $50 bbl. Investors, traders, and analysts continue to decipher the May-3 Fed minutes. The DJIA if off by 0.6 percent, the S&P 500 is lower by 1/2 percent, and the NASDAQ is off by 0.8 percent. The Market Barometer stock market forecast continues to show CAUTION with a positive forecast-bias.

5/25/05 Wednesday 2:21p Eastern- updated- Stocks continue to trend slightly lower on light volume while the price of oil trends higher, braking through the $51 bbl range, as investors continue to mull the Fed minutes released yesterday. The DJIA is off by 0.6 percent, the S&P 500 is lower by 1/2 percent, and the NASDAQ off by 0.8 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.

5/25/05 Wednesday 4:52p Eastern- A downer of a day. Investors take pause ahead of GDP data tomorrow- that could move the market depending on any surprises. Low to moderate volume-  kind of indicates investors sidelined today;  why make any big moves ahead of major data points. Oil moves higher and durable goods data gives slight advantage to the asking price. The DJIA ended lower by 0.4 percent, the S&P 500 lower by 0.3 percent, and the NASDAQ lower by 0.6 percent. The forecast continues to indicate CAUTION.   

5/24/05 Tuesday-

5/24/05 Tuesday 9:27a Eastern- Look for a neutral-to-negative open.

5/24/05 Tuesday 11:10a Eastern- Stock market major indexes hang just under the unchanged-line as investors and traders await the release of the May Fed meeting minutes. Meanwhile economical data [chain store sales increase - home sales up in April - oil holds $49 bbl] continues to flow with little reaction by the market;  The DJIA is off by 0.2 percent, the S&P 500 is off by 0.1 percent, and the NASDAQ lower by 0.4 percent. The forecast continues to indicate CAUTION with a positive forecast-bias.

5/24/05 Tuesday 4:51p Eastern- Stocks end mixed amid release of the May FOMC meeting minutes-  traders and investors will mull the report-  could see a delayed reaction in Wednesday's session. Meanwhile, besides the Fed minutes, MidAmerican Energy said today they have an agreement to buy PacifiCorp;  In economic news, chain-store sales increased and home sales were up in April, while oil prices end near $49. bbl. The DJIA ended lower by 0.2 percent, the S&P 500 ended flat, while the NASDAQ ended higher by 0.2 percent. The Barometer forecast continues to indicate CAUTION with a positive bias.  

5/23/05 Monday-

5/23/05 Monday 9:26a Eastern- Look for a neutral open.

5/23/05 Monday 10:55a Eastern- Stock market major indexes hold close to unchanged Monday morning as traders and investors wait for more economical data, starting with the FOMC release of meeting minutes, GDP, and consumer confidence / sentiment reports;  jobs data and a slew of other data points that can give clues to economic strength;  The DJIA is higher by 0.3 percent, the S&P 500 and NASDAQ are slightly higher by 0.1 percent. The forecast indicates CAUTION with a positive forecast-bias.

5/23/05 Monday 4:55p Eastern- Stocks advance Monday ahead of FOMC meeting minutes to be released tomorrow and ahead of some important economical data [GDP - consumer confidence - store sales - durable goods - jobless data - personal income]. The DJIA and NASDAQ ended up by 1/2 percent, the S&P 500 was higher by 0.4 percent. The forecast, changed last Wednesday, indicates CAUTION with a positive bias. The forecast is subject to change.  

5/21/05 Weekend-

5/20/05 Friday-

5/20/05 Friday 9:26a Eastern- Look for a neutral- flat open.

5/20/05 Friday 11:22a Eastern- Stocks move lower Friday morning on the absents of economical data and little in way of other news;  U.S. Airways and America West agree to merge and Maytag to be bought by investors and to go private;  stock market to be tame today as investors are looking to fresh economical data and Fed FOMC minutes next week;  The DJIA is lower by 1/2 percent, the S&P 500 is off by 0.4 percent, and the NASDAQ off by 0.3 percent. The forecast indicates CAUTION with a positive forecast-bias.

5/20/05 Friday 4:56p Eastern- Market ends Friday mixed but higher [DJIA 3.3% - S&P500 3.1% - NASDAQ 3.5%] for the week. Investors gear-up for GDP and Fed minutes next week but dealt with U.S. Airways and America West merger;  Maytag buyout plans as well as comments by Alan Greenspan on energy. The DJIA and S&P 500 closed slightly lower by 0.2 percent, the NASDAQ was higher by 0.2 percent. The forecast, changed Wednesday, indicates caution with a positive bias.  

5/19/05 Thursday-

5/19/05 Thursday 9:27a Eastern- Look for a neutral-to-positive open.

5/19/05 Thursday 1:34p Eastern- Stocks meander Thursday after big three-day run-up;  The Government reported that jobless initial claims decreased by 20,000 last week and the Leading Economic Indicators lend some evidence to a slowing economy;  Netflix and Wal-Mart announced a DVD movie partnership;  The DJIA is flat, the S&P 500 is up by 0.3 percent, and the NASDAQ higher by 0.4 percent. The forecast, changed yesterday, continues to indicate caution but with a positive forecast-bias.

5/19/05 Thursday 5:05p Eastern- Stocks continue quest as the major indexes post another positive day amid little inflation data and no bad news. Those seeking unemployment last week dropped by 20,000 while the leading economic indicators show a slowing economy. In other news Netflix partners with Wal-Mart in DVD movie deal and the Barometer forecast-bias was changed yesterday to positive. The DJIA closed slightly higher by 0.3 percent, the S&P 500 and NASDAQ closed nearly 1/2 percent higher. The Barometer forecast indicates CAUTION with a positive bias.  

5/18/05 Wednesday-

5/18/05 Wednesday 9:24a Eastern- Look for a neutral-to-positive open.

5/18/05 Wednesday 2:31p Eastern- Stocks rally Wednesday after CPI core data [less food and energy] shows virtually no change in April inflation index;  Oil inventory rose more than expected sending oil down into the low $47 bbl range;  The DJIA and NASDAQ are higher by 1.2 percent, the S&P 500 was higher by 0.9 percent. The forecast indicates caution with a neutral forecast-bias;  the forecast-bias is subject to change.

5/18/05 Wednesday 3:23p Eastern- The forecast bias is changing to positive from neutral;  the forecast continues to indicate CAUTION.

5/18/05 Wednesday 4:59p Eastern- Stock market rallies, inflation fear subsides, and the forecast bias is changed to positive. Stocks takeoff early Wednesday on a Government report that shows inflation in April was benign. Later in the day, oil inventory report indicated a buildup of crude which continues to push the price of oil lower, now close to $47. bbl. The forecast-bias is in the process of changing to positive from neutral on sentiment improvement. The DJIA and NASDAQ ended with a 1.3 percent gain, the S&P500 ended higher by 1 percent. The forecast in process of being changed now indicates CAUTION with a POSITIVE bias.

5/18/05 Wednesday 10:01p Eastern- The forecast-bias was changed to positive from neutral before the close today on an improving environment led by less fear of inflation.

5/17/05 Tuesday-

5/17/05 Tuesday 9:27a Eastern- Look for a neutral-to-negative open.

5/17/05 Tuesday 11:48a Eastern- Inflation fear [PPI data released this morning] eats-away at sentiment as investors look to consumer price data tomorrow for more inflation signs;  Also in play today are the better than expected housing starts and industrial production [April economical data]-  Home Depot earnings and oil price, gain some attention;  The DJIA and S&P 500 are slightly lower by 0.1 percent, and the NASDAQ is off by 0.3 percent. The forecast continues to indicate caution with a neutral forecast-bias.

5/17/05 Tuesday 4:55p Eastern- Inflation fear abates;  stocks market rallies, day two. Manufacturing index shows an increase in the PPI of 0.6 percent in April [x-food and energy 0.3 percent] well above experts expectations. Tomorrows consumer prices could cement direction of the market. The CPI data comes out before the open, so the futures could give us a heads-up;  indication where the market goes from here. Housing starts and industrial production reports were in play today that saw the indexes somewhat stagnant,  and then rally in afternoon trade. The DJIA rose 0.8 percent, the S&P 500 was up by 0.7 percent, and the NASDAQ was higher by 1/2 percent. The forecast continues to indicate caution with a neutral bias- the forecast is subject to change tomorrow after the open.  

5/16/05 Monday-

5/16/05 Monday 9:27a Eastern- Look for a neutral, possibly mixed open.

5/16/05 Monday 11:49a Eastern- Snippet deleted...

5/16/05 Monday 2:36p Eastern- Not much in way of news [UPS to buy Overnite - oil near $48. bbl - Citigroup and Low's also in the news] for trader on Monday, as stocks continue to maintain near the highs of the day. The DJIA and S&P 500 are up by 0.8 percent, the NASDAQ higher by 1/2 percent. The forecast continues to indicate caution with a neutral forecast-bias.

5/16/05 Monday 5:25p Eastern- Oversold condition leads to a positive move [S&P 500 chart] as the indices put in a positive, nearly one-percent, move higher on virtually no news [UPS buys Overnite - Low's earnings - Citigroup];  oil is contained under $50. bbl. The rest of the week could get volatile as inflation data [PPI - CPI] could move investors to either sell or buy, or somewhere in-between. Monday the DJIA and S&P 500 ended higher by 1 percent, the NASDAQ was higher by 0.9 percent. The Market-Barometer forecast continues to indicate caution with a neutral forecast-bias.  

5/14/05 Weekend-

5/13/05 Friday-

5/13/05 Friday 9:27a Eastern- Look for a neutral, possibly mixed open.

5/13/05 Friday 5:43p Eastern- Dell moves tech stocks (NASDAQ), little other news to help Dow and S&P (DJIA and S&P 500);   The DJIA and S&P 500 moved lower by 1/2 percent, the NASDAQ moved higher by 0.7 percent;   The forecast continues to indicate caution with a neutral forecast-bias.