Stock Market News & Stocks to Watch from StraightStocks » Dow Jones Industrial

MORNING MARKET REPORT 07/07/2008

Raymond Teo — Tue, 08 Jul 2008 00:16:20 +0000

NEW YORK - Wall Street stocks fell following hefty market swings as investors fretted about the opening of the second quarter earnings season, sensing major banks could unveil further losses. The leading Dow Jones Industrial Average declined 56.58 points, or 0.50 points, to end at 11,231.96. The Dow recovered some ground after falling over 100 points [...]

The Five Secrets to Succeed at Bear Market Investing

Keith Fitz-Gerald — Thu, 03 Jul 2008 05:05:21 +0000

By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report The Dow Jones Industrial Average is already in the bear’s grasp. And the U.S. economy may well be headed... Money Morning is here to help investors profit h...

MORNING MARKET REPORT

Raymond Teo — Thu, 03 Jul 2008 04:01:04 +0000

NEW YORK - The Dow sank into a bear market on Wednesday as US stocks fell on growing concerns about the toll that record oil prices are taking on the economy and corporate profits. The Dow Jones industrial average tumbled 166.75 points, or 1.46 per cent, to 11,215.51. The Standard & Poor’s 500 Index lost 23.39 [...]

MyECheck Inc. (MYEC.OB) Strings Together Two Days of Monster Gains

QualityStocks — Tue, 01 Jul 2008 22:31:51 +0000

MyECheck Inc. is a financial electronic transaction processor and provider of alternative payment solutions for internet and mobile commerce. In the past two days the stock has risen 35.38% and 19.32% respectively. A $10,000 investment on Monday would have resulted in a return of $16,153.85 in just 48 hours. The consumer services sector has [...]

MORNING MARKET REPORT

Raymond Teo — Tue, 01 Jul 2008 04:52:48 +0000

NEW YORK - The Dow and S&P 500 were little changed on Monday on the final trading day of the second quarter as record oil boosted energy shares, offsetting weak financial stocks amid nagging concerns of further credit losses. The Nasdaq ended the session lower, hurt by a drop in the shares of Yahoo as it [...]

Stock markets turmoil, rising commodities and week US dollar.

Vlada Kynsky — Mon, 30 Jun 2008 18:06:00 +0000

Global stock markets are still under correction. Major indices haven't succeeded to rally after they bottomed on March this year. Last week Dow Jones Industrial Average has turned into the bear market by drop more than 20% from recent October high. Market lab show still Head and Shoulders bearish pattern for S&P 500 and DJIA on weekly basis. We have closed 4 consecutive weeks in negative for broad US indices.

Iran tension and weak USD lift crude oil to new all time high. Another commodity supported by current market conditions is gold by endless sub-prime mortgages financial crises.

Worse earnings reports are dragging down shares which again triggers selling pressure on US dollar. Which makes vicious spiral.

Outflow from US dollar and shares helping some markets and their currencies. Especially economies growing still at modest pace. Have a look to Czech currency Koruna. Despite 20% appreciation YTD against USD it breaks new highs every week no matter of intervention of Central bank.

Related tickers: (DIA), (SPY), (OIL), (USO), (GLD), (UUP), (UDN), (XLF),

Dow Jones: Worst June Since Depression

Prieur du Plessis — Fri, 27 Jun 2008 13:19:10 +0000

Equity investors are facing their worst June since the Great Depression on the back of concerns about the health of Western banks, the rise in oil prices, deteriorating economic growth and worsening inflationary pressures. Please visit my website (by ...

Log & Arithmetic Charts Tell Different Stories

Richard Shaw — Sun, 15 Jun 2008 22:51:34 +0000

Simple arithmetic charts are OK for short-term performance review, but can be misleading for long-term purposes. Semi-log charts are best for long-term perspective. Arithmetic charts space each Dollar move equally on the vertical Y-axis. Semi-log charts space each percentage move equally on the vertical Y-axis. Either method creates only minor differences for short-term [...]