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STOCK MARKET REPORT AND MARKET SUMMARY (Archives)- Can be used for research, analysis, history and education.   Go to current stock market report and market summary  

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Friday stock market open: Look for a neutral flat open. Could turn mixed.   Friday, December 29, 2006   9:26  A.M. Eastern

 

Unemployment insurance claims up slightly: Adjusted initial jobless insurance claims was 317,000, an increase of 1,000 from the previous week, the moving average is 315,750.   Thursday, December 28, 2006   12:09  P.M. Eastern

 

Thursday stock market open: Look for a neutral flat open.   Thursday, December 28, 2006   9:26  A.M. Eastern

 

Tuesday stock market open: Look for a neutral-to-positive open.   Tuesday, December 26, 2006   9:26  A.M. Eastern

 

U.S. Markets closed Monday: |  Markets are closed Monday for Christmas. Market are scheduled to open, normal schedule, Tuesday.   Monday, December 25, 2006   2:45  A.M. Eastern

 

Forecast bias changed: |  Midmorning Barometer model run changed the forecast-bias to NEUTRAL.  |   The forecast indicates CAUTION with a neutral forecast-bias.   Friday, December 22, 2006   12:56  P.M. Eastern

 

Friday stock market open: Look for a neutral flat open.   Economical data continues to be focus for the start..   Friday, December 22, 2006   9:26  A.M. Eastern

 

Final estimates of GDP: GDP-  goods and services produced in the United States-  increased at an annual rate of 2-percent in the third quarter of 2006.... read the report from Bureau of Economic Analysis.  Thursday, December 21, 2006   9:45  A.M. Eastern

 

Thursday stock market open: Look for a neutral-to-positive open. Could turn mixed.   Economical data in focus for the start.   Thursday, December 21, 2006   9:16  A.M. Eastern- UPDATED 9:26 am ET

 

Stocks ended flat Wednesday: |  [no extract]  |   The DJIA, S&P 500, and NASDAQ ended flat down by 0.1 percent.  |   The forecast indicates CAUTION with a positive forecast-bias.   Wednesday, December 20, 2006   5:56  P.M. Eastern

 

Wednesday stock market open: Look for a neutral flat open.   Wednesday, December 20, 2006   9:26  A.M. Eastern

 

Markets ends mixed on data: |  Stocks end Tuesdays session in mixed mode as investors and traders absorb the latest economical data that shows producers prices higher than economists had expected. The DJIA and S&P 500 closed up by 0.2 percent, the NASDAQ was lower on the day by 0.3 percent.  |   The Producer Price Index for finished goods rose 2.0 percent in November;  the index for finished goods, other than foods and energy (core PPI), rose 1.3 percent.   |   The forecast indicates CAUTION with a positive forecast-bias.   Tuesday, December 19, 2006   5:48  P.M. Eastern

 

Producer prices rose higher than expected: Producer Price Index [PPI], less food and energy, rose 1.3 percent in November, the Bureau of Labor Statistics of the U.S. Department of Labor reported today....   Tuesday, December 19, 2006   2:18  P.M. Eastern

 

Tuesday stock market open: Look for a negative open.   Earnings/ outlook in focus for the start as well as economical data.   Tuesday, December 19, 2006   9:26  A.M. Eastern

 

Market slips Monday: |  No extract: The DJIA closed flat, the S&P 500 closed off by 0.3 percent, the NASDAQ hit the hardest with 0.9 percent loss.  |   The forecast indicates CAUTION with a positive forecast-bias.   Monday, December 18, 2006   4:59  P.M. Eastern

 

Monday stock market open: Look for a neutral-to-positive open.   Monday, December 18, 2006   9:26  A.M. Eastern

 

Stocks continue higher Friday on inflation report: |  Stocks continue higher Friday on inflation news [Consumer Price Index] helped along by GE stock taking off. The DJIA closed up by 0.2 percent, the S&P 500 and NASDAQ up by 0.1 percent.  |   The forecast indicates CAUTION with a positive forecast-bias.   Friday, December 15, 2006   5:45  P.M. Eastern

 

Inflation reading much lower than expected: Consumer Price Index (CPI) was unchanged in November, that followed declines of 0.5 percent in each of the preceding two months;  energy prices fell 0.2 percent in November;  the index for all items less food and energy (core CPI) was virtually unchanged.   Friday, December 15, 2006   11:04  A.M. Eastern

 

Friday stock market open: Look for a positive open.   CPI inflation data in focus for the start.   Friday, December 15, 2006   9:26  A.M. Eastern- corrected 9:37 am EST

 

Dow makes another record, broader market ramps higher: |  Stocks rally Thursday as oil prices spike higher on production-cut news and before CPI inflation data tomorrow. Jobless initial claims helped set the mood today with the DJIA advancing 0.8 percent, the S&P 500 and NASDAQ moved higher by 0.9 percent.  |   The forecast indicates CAUTION with a positive forecast-bias.   Thursday, December 14, 2006   5:41  P.M. Eastern

 

Jobless claims drop more than expected: The U.S. Department of Labor reported today that unemployment initial insurance claims was 304,000, a decrease of 20,000 from the previous week  and the 4-week moving average was 327,250...  |   Stocks ramp higher Thursday morning as oil prices spike on OPEC production cut news, the major indices were higher by 1/2 percent....   Thursday, December 14, 2006   12:06  P.M. Eastern

 

Thursday stock market open: Look for a neutral flat open. Could turn mixed.   Thursday, December 14, 2006   9:26  A.M. Eastern

 

Stocks bounce around unchanged-line, close slightly higher: |  Stock indexes hardly move Wednesday as investors and traders await fresh inflation data Friday. Meanwhile, the indices hug the flat line all day with the DJIA, S&P 500, and the NASDAQ closing marginally higher.  |   The forecast indicates CAUTION with a positive forecast-bias.   Wednesday, December 13, 2006   5:47  P.M. Eastern

 

Wednesday stock market open: Look for a positive open.   Fed FOMC still in focus for the start.   Wednesday, December 13, 2006   9:26  A.M. Eastern

 

Markets stumble on FOMC statement: |  U.S. stocks end in negative territory Tuesday-   off the lows-   with the Fed interest-rate target left unchanged as the rate-statement gave some [trading] pause, with other news of the day [Goldman Sacks - Best Buy - Nucor] holding investors and traders in limbo for the afternoon session. The DJIA and S&P 500 closed slightly off by 0.1 percent and the NASDAQ well off the market with a 1/2 percent loss.  |   The forecast indicates CAUTION with a positive forecast-bias.   Tuesday, December 12, 2006   5:31  P.M. Eastern

 

Rates left unchanged at 5.25 percent: The FOMC keeps its target for the federal funds rate at 5.25 percent;  sighted economic growth as slowing partly reflecting a substantial cooling of the housing market... read the statement...  |   Major indices off the lows of the session but continue in negative territory in early afternoon trade.   Tuesday, December 12, 2006   3:03  P.M. Eastern

 

Tuesday stock market open: Look for a neutral flat open.   The Fed interest-rate statement (this afternoon 2:15pm) in focus for the start.   Tuesday, December 12, 2006   9:26  A.M. Eastern

 

Stocks end positive head of FOMC meeting: |  U.S. stocks major averages post gains Monday after bouncing-off of early morning lows, ahead of the Fed meeting where it is expected key interests rates will be left at 5.25 percent. Traders and investors do expect, or hope for, a hint to monetary policy change from the statement that accompanies the FOMC rate announcement- expected at 2:15 tomorrow afternoon. The Dow [DJIA], S&P 500 [S&P500], and the NASDAQ [NASDAQ] closed up by 0.2 percent.   |   The forecast indicates CAUTION with a positive forecast-bias.   Monday, December 11, 2006   5:41  P.M. Eastern

 

Monday stock market open: Look for a neutral, possibly mixed open.   Earnings, the economy, and the Fed in focus for the start.   Monday, December 11, 2006   9:26  A.M. Eastern

 

Major market indexes post gains on jobs data: nonfarm jobs report and consumer sentiment set the stage for Fridays market with the open and start-of-trade negative but turning around midmorning, to end the day and week up in positive territory, with the DJIA and S&P 500 closing up by 0.2 percent, and the NASDAQ up by 0.4 percent.  |   The forecast indicates CAUTION with a positive forecast-bias.   Friday, December 8, 2006   5:47  P.M. Eastern

 

New jobs up more than expected: Jobs created in U.S. companies rose by 132,000 in November, the unemployment rate slightly higher to 4.5 percent.   Friday, December 8, 2006   10:34  A.M. Eastern

 

Friday stock market open: Look for a neutral-to-negative open.  nonfarm jobs report in focus for the start.   Friday, December 8, 2006   9:26  A.M. Eastern

 

Indexes drop ahead of Fridays data: |  Stocks move lower Thursday ahead of jobs report tomorrow that most expect to see a tame jobs-creation number, in the order of, less than 100,000 new jobs, with the employment rate slightly higher. Merck and Home Depot help the broader market lower [DJIA - S&P 500] with the NASDAQ selling off by 0.7 percent.  |   The forecast indicates CAUTION with a positive forecast-bias..   Thursday, December 7, 2006   5:47  P.M. Eastern

 

Weekly unemployment report drops: Unemployment jobless claims reverses previous weeks advance and decreases by same amount, 34,000;   the 4-week moving average is 328,750..   Thursday, December 7, 2006   10:49  A.M. Eastern

 

Thursday stock market open: Look for a neutral-to-positive open.   Economical data in focus for the start.   Thursday, December 7, 2006   9:26  A.M. Eastern

 

Wednesday stock market open: Look for a neutral-to-negative open.    Wednesday, December 6, 2006   9:26  A.M. Eastern

 

Stocks continue ramping higher on data: |  Stocks ramble higher Tuesday as investors and traders sight economical data as support for their recent buying. nonfarm payroll data coming up should provide plenty of volatility to the markets if the data, later in the week, comes up out of expectation. Meanwhile, the DJIA and S&P 500 closed up 0.4 percent, the NASDAQ was up by 0.2 percent.  |   The forecast indicates CAUTION with a neutral forecast-bias..   Tuesday, December 5, 2006   6:02  P.M. Eastern

 

Tuesday stock market open: Look for a neutral-to-positive open.   Economical data in focus for the start.   Tuesday, December 5, 2006   9:26  A.M. Eastern

 

Stocks continue Fridays 'off the lows' rally: |  After a slow start Monday, investors and traders buy stocks and send the major averages higher with the DJIA closing up by 0.7 percent, the S&P 500 closed up by 0.9 percent, and the NASDAQ was up by 1.5 percent.  |   The forecast indicates CAUTION with a neutral forecast-bias.   Monday, December 4, 2006   5:46  P.M. Eastern

 

Monday stock market open: Look for a neutral flat open;   could turn mixed.   Earnings and the economy in focus for the start.   Monday, December 4, 2006   9:26  A.M. Eastern

 

Stocks end negative Friday, well off the low of the session: |  Investors and traders sell stocks Friday on a ISM report [Institute for Supply Management] that showed U.S. manufacturing contracting and not expanding as has been during the economic recovery. Although stocks got hit hard early on today, buyers did comeback late in the session to drive the major indexes well of the lows of the day to end with the DJIA off by 0.2 percent, the S&P 500 off by 0.3 percent, and the NASDAQ lost 0.8 percent.  |   The forecast indicates CAUTION with a neutral forecast-bias.   Friday, December 1, 2006   5:07  P.M. Eastern

 

Friday stock market open: Look for a neutral-to-mixed open.   Friday, December 1, 2006   9:26  A.M. Eastern

 

Unemployment insurance initial claims jump: Last week the advance initial jobless claims was 357,000, an increase of 34,000;   the four week moving average is 325,000.   Thursday, November 30, 2006   12:45  P.M. Eastern

 

Thursday stock market open: Look for a neutral flat open. Could turn mixed.   Economical data in focus for the start.   Thursday, November 30, 2006   9:26  A.M. Eastern

 

Stocks rally back Wednesday on GDP report: |  Rally mode Wednesday on GDP data that shows faster growth than had been expected by experts- stock market rallies early in trade session. Stocks took off at the start of trade today regaining ground lost just a couple of days ago with the DJIA closing up by 0.7 percent, the S&P 500 closed up by 0.9 percent, and the NASDAQ was up by 0.8 percent.  |   The forecast indicates CAUTION with a neutral forecast-bias.   Wednesday, November 29, 2006   4:59  P.M. Eastern

 

GDP increased 2.2 percent, better than expected: Real Gross Domestic Product, the output of goods and services in the United States, increased at an annual rate of 2.2 percent in the 3rd. quarter according to preliminary estimates released by the Bureau of Economic Analysis today.   Wednesday, November 29, 2006   10:58  A.M. Eastern

 

Wednesday stock market open: Look for a neutral-to-positive open.   Economical data in focus for the start.   Wednesday, November 29, 2006   9:26  A.M. Eastern

 

Stocks rise despite data and Fed talk: |  A bounce back for equities Tuesday as investors and traders baulked at Durable Goods data and Fed chief Bernanke's inflationary talk. The DJIA was up slightly by 0.1 percent, the S&P 500 was up by 0.4 percent, and the NASDAQ, in-between, with a 0.3 percent rise.  |   The neutral forecast-bias, changed last Friday, indicates Barometer models showing a trading range possibly developing. As long as neutral persists in the forecast, stocks, in general, will seesaw from one day to the other. The forecast indicates CAUTION with a neutral forecast-bias.   Tuesday, November 28, 2006   5:48  P.M. Eastern

 

Tuesday stock market open: Look for a neutral-to-negative open.   Economical data in focus for the start.   Tuesday, November 28, 2006   9:26  A.M. Eastern

 

Sellers take control of U.S. stock market: |  Google, Wal-Mart, the Dollar, oil and gold prices, were sighted by traders and investors for today's losses in the equity market. An overvalued market needs few reasons to decline. Today's bad news reverses months of positive sentiment that took stocks lower with the DJIA losing 1.2 percent, the S&P 500 lost 1.3 percent, and the NASDAQ lost 2.2 percent.  |   The forecast-bias was downgraded Friday evening to neutral from positive. The forecast now reads CAUTION with a neutral forecast-bias.   Monday, November 27, 2006   6:03  P.M. Eastern

 

Monday stock market open: Look for a neutral flat open. Holiday retail sales and earnings/ outlook in focus for the start..   Monday, November 27, 2006   9:26  A.M. Eastern

 

Stocks move lower on Dollars concerns: |  Stocks dive for cover in short session Friday on Dollar/ gold news on Black Friday- day after Thanksgiving when holiday shoppers hit the stores in mass. The DJIA and S&P 500 lost 0.4 percent, the NASDAQ lost 0.2 percent. Markets again will open Monday for a full normal session.  |   The forecast continues to read CAUTION with a positive forecast-bias..   Friday, November 24, 2006   2:33  P.M. Eastern

 

Friday stock market open: Look for a negative open.   Holiday retail sales and Dollar concerns in focus for the start.   Friday, November 24, 2006   9:26  A.M. Eastern

 

U.S. markets closed today: |  The markets are closed Thursday for Thanksgiving Day holiday. Markets will reopen tomorrow for a short session.   Thursday, November 23, 2006   8:58  A.M. Eastern

 

Light trade day going into Thanksgiving day holiday: NASDAQ continues to outperform with a 1/2-percent advance, while the DJIA and S&P were moderately higher Wednesday, the day before a U.S. holiday. Oil and mortgage rates moved lower with a smidgen of economical data to move investors on this shortened week. The DJIA was flat, the S&P 500 was up by 0.2 percent in with light trading volume.  |   The forecast continues to read CAUTION with a positive forecast-bias.   Wednesday, November 22, 2006   5:43  P.M. Eastern

 

Wednesday stock market open: Look for a neutral flat open.   Earnings and the holiday in focus for the start.   Wednesday, November 22, 2006   9:26  A.M. Eastern

 

Equity market ends flat ahead of the Thursday-holiday: |  U.S. stock market slows down as investors and traders gear-up for the holiday Thursday and a shortened Friday. Stocks end near unchanged but in positive territory Tuesday, with the DJIA closing up 5-points to 12,316.54, the S&P 500 was up 0.2 percent, and the NASDAQ slightly higher by 0.1 percent.  |   The forecast reads CAUTION with a positive forecast-bias.   Tuesday, November 21, 2006   5:05  P.M. Eastern

 

Tuesday stock market open:Look for a neutral flat, possibly, mixed open.   Tuesday, November 21, 2006   9:26  A.M. Eastern

 

Mondays market sees short week end mixed amid Mergers: |  As the holiday week gets underway, stocks in the U.S. equity markets end in mixed mode Monday amid heavy M&A activity [Real Estate - U.S. Trust - NASDAQ/ LSE]. The DJIA moved slightly lower by 0.2 percent, the NASDAQ was up on the day by 0.3 percent, and the S&P 500 closed near unchanged.  |   The forecast reads CAUTION with a positive forecast-bias.   Monday, November 20, 2006   4:57  P.M. Eastern

 

Monday stock market open: Look for a neutral-to-negative open.   Earnings/ outlook in focus for the start as well as the economy.   Monday, November 20, 2006   9:26  A.M. Eastern

 

Another Dow record- how many is that?: |  Ditto- DJIA up onto another record, while the other majors ended flat-to-mixed Friday. Altria helped the Dow with its news as well as NYMEX got a share-lift today and Sony PlayStation 3 had its share of news coverage. The DJIA closed up by 0.3 percent, the S&P 500 was flat, the NASDAQ moved slightly lower by 0.1 percent.  |   The forecast reads CAUTION with a positive forecast-bias.   Friday, November 17, 2006   5:51  P.M. Eastern

 

Friday stock market open: Look for a neutral-to-negative open.   Economic data and the economy in-general, focus for the start.   Friday, November 17, 2006   9:26  A.M. Eastern

 

Oil slips as Dow makes another record: DJIA makes another record advancing nearly half-percent, while the other major indices tag along Thursday amid Fed President Moskow indicating policy firming [rate-hike] possibly in the future. Other economic news was mostly friendly [CPI inflation - unemployment claims].  |   The forecast reads CAUTION with a positive forecast-bias going into tomorrows open.   Thursday, November 16, 2006   5:52  P.M. Eastern

 

Unemployment first time claims drop 2,000: Initial jobless claims came in at 308,000, a decrease of 2,000 claims from the previous week;   the 4-week was reported at 313,750.  |   Stocks meander the unchanged line, noon Eastern, with the Dow and S&P 500 up 0.3 percent, and the NASDAQ unchanged.   Thursday, November 16, 2006   12:11  P.M. Eastern

 

Consumer inflation seen as tame Thursday: Consumer price index core reading (CPI- less food and energy prices) increased by 0.1 percent in October, according to a Government report released this morning.   Thursday, November 16, 2006   10:58  A.M. Eastern

 

Thursday stock market open: Look for a neutral-to-positive open.   Economical data in focus for the start.   Thursday, November 16, 2006   9:26  A.M. Eastern

 

NASDAQ leads the broader market higher Wednesday: |  Stocks continue trending higher with little bad news to hold them back, as the Dow [DJIA] sets another record and the NASDAQ puts on a show, outperforming the other major market indexes. Traders and investors await fresh inflation data before making any additional bets on pushing stocks even higher.  |   The Barometer forecast continues to indicate caution with a positive spin (forecast bias) on the outlook-  Barometer models continue to look for real rally-mode conviction. The forecast reads CAUTION with a positive forecast-bias going into Thursday's market.   Wednesday, November 15, 2006   5:46  P.M. Eastern

 

Wednesday stock market open: Look for a neutral flat open. Chance of turning mixed.   Fed minutes and tomorrows CPI in focus for the start.   Wednesday, November 15, 2006   9:26  A.M. Eastern

 

Investors run stocks up on data Tuesday: |  Investors and traders send the major averages higher, mid afternoon, on retail sales data, earnings/ outlook while the Government reported producers [PPI inflation report] in the U.S. slowed with prices falling more than expected in October, helping the idea to keep the Fed in pause mode, to not raise interest rates.  |   The DJIA closed up by 0.7 percent, the S&P 500 was up by 0.6 percent, and the NASDAQ closed higher by 1-percent.  |   The forecast reads CAUTION with a positive forecast-bias.   Tuesday, November 14, 2006   5:58  P.M. Eastern

 

Producer Price Index- PPI-  slides in October: Manufacturing prices (PPI index), for finished goods produced in the United States, fell 1.6 percent;   the index, less food and energy, fell 0.9 percent in October, according to the Bureau of Labor Statistics.  |   Stocks [major indexes] opened in positive territory Tuesday morning, but gave up early gains to move negative in midmorning trade Tuesday.   Tuesday, November 14, 2006   10:46  A.M. Eastern

 

Tuesday stock market open: Look for a neutral-to-positive open.   Economical data and earnings/ outlook in focus for the start.   Tuesday, November 14, 2006   9:26  A.M. Eastern

 

NASDAQ ramps higher, broader market follows: |  Stock market advances Monday on hopes of upcoming tame inflation report [CPI - PPI] economic data. The DJIA rose 0.2 percent, the S&P 500 rose 0.3 percent, and then NASDAQ continues to outperform with a 0.7 percent gain.  |   The forecast reads CAUTION with a positive forecast-bias.   Monday, November 13, 2006   5:58  P.M. Eastern

 

Monday stock market open: Look for a neutral flat open.   Market looking for direction at the start.   Monday, November 13, 2006   9:26  A.M. Eastern

 

NASDAQ outperforms broad market: |  NASDAQ [NASDAQ] surges higher while the Dow Jones Industrial Average [DJIA] and S&P 500 [S&P 500] eked out a small gain Friday.  |   The forecast reads CAUTION with a positive forecast-bias.   Friday, November 10, 2006   5:50  P.M. Eastern

 

Friday stock market open: Look for a neutral flat open. Could turn mixed.   Earnings/ outlook in focus for the start.   Friday, November 10, 2006   9:26  A.M. Eastern

 

Party change reverses stock market sentiment: |  Investors and traders appear to have midterm election blues as the stock market indices move lower Thursday amid general news [AIG earnings - Oil prices - Disney earnings/ outlook - trade deficit].  |   The forecast reads CAUTION with a positive forecast-bias.   Thursday, November 9, 2006   5:44  P.M. Eastern

 

Thursday stock market open: Look for a neutral-to-mixed open.   Earnings/ outlook in focus for the start as well as midterm election results.   Thursday, November 9, 2006   9:26  A.M. Eastern

 

Stocks continue three-day positive move amid midterm elections: |  Heavy tech NASDAQ ramps higher [up 0.4 percent], anticipating a good read from Cisco Systems earnings after the close, while the DJIA and S&P 500 end up slightly [up 0.2 percent] on continuing drama from the midterm elections; Petroleum oil/gas reserves report helps today's gains.  |   The forecast reads CAUTION with a positive forecast-bias.   Wednesday, November 8, 2006   5:55  P.M. Eastern

 

Wednesday stock market open: Look for a neutral-to-negative open.   Midterm election in focus for the start.   Wednesday, November 8, 2006   9:26  A.M. Eastern

 

Gridlock worth nearly half-percent in the equity market Tuesday: |  Well of the highs of the day, the stock market major indices climbed into positive territory Tuesday amid midterm elections as investor bet on little change in Government when its all said and done. The Dow and NASDAQ indexes ended higher by 0.4 percent, the S&P 500 was up by 0.2 percent.  |   The forecast reads CAUTION with a positive forecast-bias.   Tuesday, November 7, 2006   5:08  P.M. Eastern

 

Tuesday stock market open: Look for a neutral-to-positive open.   Midterm elections and earnings/ outlook in focus for the start.   Tuesday, November 7, 2006   9:26  A.M. Eastern

 

Stocks up Monday as investors anticipate midterm elections: |  Stocks ramp higher Monday with the DJIA closing up by 1-percent, the S&P 500 closed up by 1.1 percent, and the NASDAQ was up by 1.5 percent.  |   The forecast read CAUTION with a positive forecast-bias.   Monday, November 6, 2006   5:49  P.M. Eastern

 

Monday stock market open: Look for a neutral-to-mixed open.   Earnings/ outlook in focus for the start.   Monday, November 6, 2006   9:26  A.M. Eastern

 

Strong jobs data causes rate concern in the markets: nonfarm jobs creation report set marketeers back a notch Friday as the major indexes spiked-higher early, but slipped into negative territory for the day, with the DJIA off by 0.3 percent, the S&P 500 off by 0.2 percent, and the NASDAQ, off slightly by 0.1 percent.  |   The forecast read CAUTION with a positive forecast-bias.   Friday, November 3, 2006   5:04  P.M. Eastern

 

Huge employment revisions cause some concern: The unemployment rate declined to 4.4 percent in October, while the Government reports that nonfarm payroll employment grew by 92,000 new jobs in the same month. Huge revisions to September (148,000 jobs) and August (230,000 jobs) jobs data cause concern to marketeers that use this data as an immediate indication on how the economy is doing. In the past, this data-point had credibility to investors and traders, but these large revisions show the data, back then, was well off the mark, making it a concern for forecasting.  |   Stock market [futures] reacted somewhat positive as stocks [major indices] opened higher, but have since gone mixed.   Friday, November 3, 2006   11:29  A.M. Eastern

 

Friday stock market open: Look for a neutral-to-positive open.   nonfarm Jobs report in focus for the start.   Friday, November 3, 2006   9:26  A.M. Eastern

 

Economic data cap stocks in Thursdays trade: |  Off the lows of the session, the major indexes end flat ahead of payroll job creation data. October retail sales and economical data [productivity data - unemployment initial claims] gets investors attention Thursday, as evidence continues to point to a economic slowdown. The DJIA closed slightly off by 0.1 percent, S&P 500 and NASDAQ ended flat.  |   The forecast read CAUTION with a positive forecast-bias.   Thursday, November 2, 2006   5:06  P.M. Eastern

 

Unemployment initial insurance claims rise: The advance figure for adjusted initial jobless claims was 327,000, an increase of 18,000 from last week's revised figure.   Thursday, November 2, 2006   12:19  P.M. Eastern

 

Productivity slowdown in Q-3 helps stocks lower: Productivity, in the U. S., for the third-quarter, annual rates of growth were 0.1 percent in the business sector and unchanged in the nonfarm business sector, less than projected by economists. U.S. stocks move lower in morning trade Thursday helped along by other data point [October retail sales].   Thursday, November 2, 2006   10:48  A.M. Eastern

 

Thursday stock market open: Look for a neutral-to-negative open.   Retail sales and economic data in focus for the start.   Thursday, November 2, 2006   9:26  A.M. Eastern

 

Buyers take cover and watch the indices sink: |  Buyers pull back Wednesday after economical data [ISM reported PMI at 51.2 - housing data] continues to show an economic slowdown in progress. With little to offset the selling, the major indexes move lower Wednesday with the DJIA lower by 0.4 percent, the S&P 500 was off by 0.7 percent, and the NASDAQ was well off the mark by 1.4 percent.  |   The forecast read CAUTION with a positive forecast-bias.   Wednesday, November 1, 2006   4:58  P.M. Eastern

 

Wednesday stock market open: Look for a neutral-to-positive open.   Earnings/ outlook in focus for the open.   Wednesday, November 1, 2006   9:26  A.M. Eastern

 

Stocks end flat on Halloween but up for the month: |  U.S. stock market ends Tuesday mixed with the S&P 500 flat amid economical data [Consumer confidence - Chicago PMI] while oil prices slip in trade today. The DJIA closed slightly off by less than 0.1 percent, the NASDAQ ended slightly higher by 0.1 percent, and the S&P 500 closed on the unchanged-line.  |   The forecast continues to read CAUTION with a positive forecast-bias.   Tuesday, October 31, 2006   5:04  P.M. Eastern

 

Tuesday stock market open: Look for a neutral flat open. Could turn mixed.   Earnings/ outlook in focus for the open.   Tuesday, October 31, 2006   9:26  A.M. Eastern

 

NASDAQ runs higher, broad market ends flat: |  Wal-Mart and Fed talk keeps the broader market on hold;   NASDAQ runs up more gains Monday. The DJIA and S&P 500 ended mixed and flat for the day while the NASDAQ gained another 0.6 percent.  |   The forecast continues to read CAUTION with a positive forecast-bias.   Monday, October 30, 2006   5:58  P.M. Eastern

 

Investor warning on hack attacks: The North American Securities Administrators Association [NASAA news release] issued a warning to investors to carefully monitor their online trading accounts against hackers. These attacks on online investing account have increased and have led to unauthorized trades worth millions in the U.S. and Canada.   Monday, October 30, 2006   1:20  P.M. Eastern

 

Monday stock market open: Look for a neutral flat open. Could turn mixed.   Earnings/ outlook in focus for the open as well as Fed speak.   Monday, October 30, 2006   9:26  A.M. Eastern

 

Investors take profits after GDP data: |  GDP [U.S. productivity increased 1.6-percent for the second quarter] sets the tone Friday as investors and traders take profits and sell into-  what some are saying-  an overbought market. The DJIA lost 0.6 percent, the S&P 500 lost 0.9 percent, and the NASDAQ lost 1.2 percent.  |   The forecast continues to read CAUTION with a positive forecast-bias and is subject to change.   Friday, October 27, 2006   5:42  P.M. Eastern

 

GDP increased 1.6 percent in the third-quarter, less than expected: Real Gross Domestic Product, output of goods and services produced in the United States, increased at an annual rate of 1.6 percent in the third-quarter;  the increase was primarily reflected by positive contributions from exports, equipment and software, nonresidential structures, and state and local government spending, GDP was partly offset by negative contributions from residential fixed investment, and imports.   Friday, October 27, 2006   10:53  A.M. Eastern

 

Friday stock market open: Look for a negative open.   GDP data in focus for the open.   Friday, October 27, 2006   9:26  A.M. Eastern

 

Market ramps higher ahead of GDP: |  Investors and traders continue to send stocks higher the day after the Fed left rates on hold. Economic news [jobless unemployment data - durable goods data] and earnings/ outlook continues to attract attention [Microsoft - ExxonMobil - Morgan Stanley - Kellogg - US Air - TheStreet.com, and more] while marketers gear up for GDP data which most expect GDP to come in at, around, 2-percent. The DJIA ran up another record and closed up by 0.2 percent, the S&P 500 was higher by 1/2 percent, and the NASDAQ closed up by 1-percent.  |   The forecast continues to read CAUTION with a positive forecast-bias and is subject to change with tomorrows reaction to the Fed statement, if any..   Thursday, October 26, 2006   5:40  P.M. Eastern

 

Unemployment insurance claims increase: The advance figure for initial jobless claims was 308,000, an increase of 8,000. The 4-week moving average was reported at 305,250 by the U.S. Department of Labor.   Thursday, October 26, 2006   10:50  A.M. Eastern

 

Thursday stock market open: Look for a neutral-to-positive open.   Earnings/ outlook in focus for the open as well as the Fed rate statement.   Thursday, October 26, 2006   9:26  A.M. Eastern

 

Major stock indexes push up on Fed statement: |  Stocks reverse course in afternoon trade Wednesday as investors mull the Fed statement for clues to monetary policy chnage. Oil spiking higher on reserves news while home sales continues weak. GM, Altria, Imclone, Amazon, Boeing, and others in with earnings and outlook news today. The DJIA inches up with a 0.1 percent gain, the S&P 500 up with a 0.4 percent gain, and the NASDAQ up 1/2 percent on the day. The big reaction to the Feds statement could come tomorrow after strategists can re-look their position and determine allocation changes, if any.  |   The forecast continues to read CAUTION with a positive forecast-bias and is subject to change with tomorrows reaction to the Fed statement, if any.   Wednesday, October 25, 2006   5:06  P.M. Eastern

 

FOMC keeps rates at 5-1/4 percent: The Federal Open Market Committee keeps the Federal funds rate [target] at 5.25. The committee also issued a statement outlining monetary policy.   Wednesday, October 25, 2006   2:59  P.M. Eastern

 

Wednesday stock market open: Look for a neutral-to-negative open. Chance of turning mixed.   Fed FOMC in focus for the open.   Wednesday, October 25, 2006   9:26  A.M. Eastern

 

Mixed day for the major stock averages: |  Dow Jones Industrial Average [DJIA] hits another record close Tuesday as the index ended up by 10.97 to 12,127.88. Major focus is the Fed and the language of the statement when the FOMC announces the rate-hike decision, which nearly everyone expects the pause to continue.  Today's market was influenced by earnings/ outlook [GM - Amazon - Lucent - Legg and more] that kept investors in mixed mode with the DJIA closing at another record up by 0.1 percent, the S&P 500 was flat and the NASDAQ ended lower by 1/2 percent.  |   The forecast continues to read CAUTION with a positive forecast-bias and is subject to chnage with tomorrows reaction to the Fed statement, if any.   Tuesday, October 24, 2006   5:42  P.M. Eastern

 

Tuesday stock market open: Look for a neutral-to-negative open.   Fed and earnings/ outlook in focus for the open.   Tuesday, October 24, 2006   9:26  A.M. Eastern

 

Dow makes new record as investors get ready for the Fed: |  Dow [DJIA] runs up another record, takes the other major indices with it Monday as investors focus on earnings/ outlook [Wal*Mart - GM] while oil prices drop and Enron's Skilling gets 24 years. The DJIA closes up by 1-percent, S&P 500 and NASDAQ close up 0.6 percent.  |   The forecast continues to read CAUTION with a positive forecast-bias..   Monday, October 23, 2006   5:35  P.M. Eastern

 

Monday stock market open:Look for a neutral-to-negative open.   Fed watch in focus for the open.   Monday, October 23, 2006   9:26  A.M. Eastern

 

Stock market stalls in Friday trading session: |  Caterpillar earnings-outlook put the skids on marketers as the popular averages end Fridays session nearly unchanged, with the DJIA, above 12k mark, but lower by 0.1 percent, while the S&P 500 and NASDAQ ended up slightly by 0.1 percent.  |   The forecast continues to read CAUTION with a positive forecast-bias.   Friday, October 20, 2006   5:06  P.M. Eastern

 

Friday stock market open: Look for a neutral-to-mixed open.   Earnings/ outlook in focus for the open as well as oil prices.   Friday, October 20, 2006   9:26  A.M. Eastern

 

Dow Industrials average index [DJIA] closes at 12,011.73: |  The Dow closes at record again while the other major indexes eke out a small gain. Earnings attributed to the positive gains today with the Dow and NASDAQ closing up 0.2 percent, and the S&P 500 up slightly by 0.1 percent.  |   The forecast reads CAUTION with a positive forecast-bias and continues to be subject to upgrade.   Thursday, October 19, 2006   5:41  P.M. Eastern

 

Unemployment insurance claims drop: Initial jobless claims (unemployment insurance) last week was 299,000, a decrease of 10,000, making the 4-week moving average is 307,750.   Thursday, October 19, 2006   11:42  A.M. Eastern

 

Thursday stock market open: Look for a neutral open.   Earnings/ outlook in focus.   Thursday, October 19, 2006   9:26  A.M. Eastern

 

Dow spikes above 12,000 in early trade Wednesday morning: |  Dow [DJIA] moves above 12,000 only to retreat and close at another record on Wednesday, October 18, 2006. In the news today that influenced stock traders and investors was the inflation report that showed consumer price index up slightly last month and housing starts data as well as EBay, AMD, and JP Morgan earnings/ outlook. The DJIA closed up by 0.4 percent, the S&P 500 was up slightly by 0.1 percent, and the NASDAQ, well off the mark, with a loss of 0.3 percent.  |   The forecast reads CAUTION with a positive forecast-bias and continues to be subject to upgrade.   Wednesday, October 18, 2006   5:35  P.M. Eastern

 

Core inflation CPI rose in September: The Consumer Price Index, CPI inflation data report, fell 0.5 percent in September;   the core CPI (X- food and energy) increased 0.2 percent, according to a Government report today.   Wednesday, October 18, 2006   11:14  A.M. Eastern

 

Wednesday stock market open: Look for a positive open.   Inflation data and earnings/ outlook in focus for the open.   Wednesday, October 18, 2006   9:26  A.M. Eastern