Monthly Archives: February 2011

Markets Advance for Third Week In Midst of Mixed Economic News

More info…The U.S. markets were able to shrug off international and domestic political discourse and rose for the third consecutive week. Fears of inflation continued to haunt the markets, but rising oil and food prices were overlooked. Commodities rallied Monday … Continue reading

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Mixed Earnings Reports in Shortened Trading Week

More info…Markets started the week on a positive note Tuesday and hit multi-year highs, ignoring weakness from Apple and Citigroup. The Dow Jones Industrial Average rose 50.55 points to close at 11837.93, representing the highest close since June of 2008. … Continue reading

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Financials Lead Market Higher

More info…The financials led the markets higher this past week as the SNL Bank & Thrift Index rose 4.1% easily outpacing the S&P 500 which increased 1.7% and NASDAQ up by 1.9%. The broader markets were mixed on Monday as … Continue reading

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Dow Hits 2-Year High

More info…Even though the Dow Jones Industrial Average hit a 52 week high this week, it was a fairly flat week for averages across the board. With an announcement by China that they had decided to leaveinterest rates unchanged, Monday … Continue reading

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Active Week for Financials – Quiet Week for Broader Markets

More info…As Washington continues to try to iron out details on how to address the expiration of the Bush-era tax reductions, markets remain directionless. S&P500 resistance also did nothelp from a technical perspective. To begin theweek, the markets gave up … Continue reading

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Global Unrest Blocks 12,000 on Dow

More info…Earnings during the week were mixed and the Dow Jones Industrial Average was on the vergeof a close above 12,000, while the S&P 500 Indexflirted with 1300 until geopolitical issues in Egypt and poor earnings from Ford Motor and … Continue reading

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The Best December in a Long Time

More info…The S&P 500 advanced 12.78%, the NASDAQ rose 16.91% and the Russell 2000 jumped 25.31% for the year ending 2010. Netflix was the best of the S&P 500, soaring about 219%, while Baidu was the top of the NASDAQ … Continue reading

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Mixed Earnings Reports in Shortened Trading Week

More info…Markets started the week on a positive note Tuesday and hit multi-year highs, ignoring weakness from Apple and Citigroup. The Dow Jones Industrial Average rose 50.55 points to close at 11837.93, representing the highest close since June of 2008. … Continue reading

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The Best December in a Long Time

More info…The S&P 500 advanced 12.78%, the NASDAQ rose 16.91% and the Russell 2000 jumped 25.31% for the year ending 2010. Netflix was the best of the S&P 500, soaring about 219%, while Baidu was the top of the NASDAQ … Continue reading

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Global Unrest Blocks 12,000 on Dow

More info…Earnings during the week were mixed and the Dow Jones Industrial Average was on the vergeof a close above 12,000, while the S&P 500 Indexflirted with 1300 until geopolitical issues in Egypt and poor earnings from Ford Motor and … Continue reading

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