THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/24/08 - Today the Dow closed at 8,443.39 up 396.97 while NASDAQ gained 87.67 to close at 1,472.62. The S&P 500 was up 51 to close at 851.81. The Ten Year Treasury Note closed at 103.56 down $1.13 pushing the yield to 3.32%. Oil was up $4.43 per barrel to close at $54.36. U.S. Dollar lost .03431 against the Euro so one Euro will buy US$1.29551. The market's rally was the result of the market's positive reaction to the Fed's bailout plan for Citigroup totalling $326 billion and Obama's confirmation of the selection of Tim Geitner as Secretary of the Treasury. That's it from Atlanta.
Monday, November 24, 2008
Friday, November 21, 2008
11/21/08- Market Rises on Treasury Pick
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/21/08 - Today the Dow closed at 8,046.42 up 494.13 but down for the week by 897.39 while NASDAQ gained 68.23 to close at 1,384.35 down for the week by 263.05. The S&P 500 was up 47.59 to close at 800.03 down for the week by 130.72. The Ten Year Treasury Note closed at 104.94 down $1.72 pushing the yield to 3.21%. For the week the Ten Year Treasury Note was up $3.10 and the yield was down .56%. Oil was up $.51 per barrel to close at $49.93 which was a decrease of $11.11 per barrel for the week. The U.S. Dollar lost .01223 against the Euro so one Euro will buy US$1.25818. For the week, the Dollar gained .01685 against the Euro. The market's rally was the result of the market's positive reaction to the selection of Tim Geitner as Secretary of the Treasury and buyers not being able to resist some of the bargains. Have a great weekend, that's it from Atlanta.
11/21/08 - Today the Dow closed at 8,046.42 up 494.13 but down for the week by 897.39 while NASDAQ gained 68.23 to close at 1,384.35 down for the week by 263.05. The S&P 500 was up 47.59 to close at 800.03 down for the week by 130.72. The Ten Year Treasury Note closed at 104.94 down $1.72 pushing the yield to 3.21%. For the week the Ten Year Treasury Note was up $3.10 and the yield was down .56%. Oil was up $.51 per barrel to close at $49.93 which was a decrease of $11.11 per barrel for the week. The U.S. Dollar lost .01223 against the Euro so one Euro will buy US$1.25818. For the week, the Dollar gained .01685 against the Euro. The market's rally was the result of the market's positive reaction to the selection of Tim Geitner as Secretary of the Treasury and buyers not being able to resist some of the bargains. Have a great weekend, that's it from Atlanta.
11/21/08- Market Rises on Treasury Pick
11/21/08- Market Rises on Geitner SelectionTHE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER11/7/08 - Today the Dow closed at 8,943.81 up 248.02 but down for the week by 381.20 while NASDAQ gained 38.70 to close at 1,647.40 down for the week by 73.55. The S&P 500 was up 25.87 to close at 930.75 down for the week by 38. The Ten Year Treasury Note closed at 101.81 down .66 pushing the yield to 3.77 - for the week the Note was up 1.56 and the yield was down .19%. Oil was up $.27 per barrel to close at $61.04 which was a decrease of $6.77 per barrel for the week. The U.S. Dollar lost .00567 against the Euro so one Euro will buy US$1.27502. For the week, the Dollar gained .00114 against the Euro. The market's rally was the result of the yesterday's market absorbing the bad economic reports and buyers not being able to resist some of the bargains. Have a great weekend, that's it from Atlanta.
Thursday, November 20, 2008
11/20/08-Markets Declines Sharply on More Bad News
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/20/08 - Today the Dow closed at 7,552.29 down 444.99 while NASDAQ lost 70.30 to close at 1,316.12. The S&P 500 was down 54.14 to close at 752.44. The Ten Year Treasury Note closed at 105.72 up 2.22 pushing the yield down to 3.07. Oil was down $4.45 per barrel to close at $49.65. The U.S. Dollar gained .01172 against the Euro so one Euro will buy US$1.24766. The market's decline was due to pessimism regarding the prospects of an auto bailout and increased nervousness over where this economy is headed - trading continues to be light. That's all for today from Atlanta.
11/20/08 - Today the Dow closed at 7,552.29 down 444.99 while NASDAQ lost 70.30 to close at 1,316.12. The S&P 500 was down 54.14 to close at 752.44. The Ten Year Treasury Note closed at 105.72 up 2.22 pushing the yield down to 3.07. Oil was down $4.45 per barrel to close at $49.65. The U.S. Dollar gained .01172 against the Euro so one Euro will buy US$1.24766. The market's decline was due to pessimism regarding the prospects of an auto bailout and increased nervousness over where this economy is headed - trading continues to be light. That's all for today from Atlanta.
Wednesday, November 19, 2008
11/19/08- Market Freefalls on Fed's Bad News
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/19/08 - Today the Dow closed below 8,000 at 7,997.28 down 427.47 while NASDAQ lost 96.85 to close at 1,386.42. The S&P 500 was down 52.54 to close at 806.58. The Ten Year Treasury Note closed at 103.28 up 1.50 pushing the yield down to 3.35. Oil was down $.66 per barrel to close at $54.10. The U.S. Dollar gained .01172 against the Euro so one Euro will buy US$1.25251. The market's decline was due to more bad news regarding a record low of housing starts and building permits for October. Also the Fed lowered its economic forecast for '08 through '10. That's all for today from Atlanta.
11/19/08 - Today the Dow closed below 8,000 at 7,997.28 down 427.47 while NASDAQ lost 96.85 to close at 1,386.42. The S&P 500 was down 52.54 to close at 806.58. The Ten Year Treasury Note closed at 103.28 up 1.50 pushing the yield down to 3.35. Oil was down $.66 per barrel to close at $54.10. The U.S. Dollar gained .01172 against the Euro so one Euro will buy US$1.25251. The market's decline was due to more bad news regarding a record low of housing starts and building permits for October. Also the Fed lowered its economic forecast for '08 through '10. That's all for today from Atlanta.
Tuesday, November 18, 2008
11/18/08- Bargain Hunters Drive the Market Up
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/18/08 - Today the Dow closed at 8,424.75 up 151.17 while NASDAQ gained 1.22 to close at 1,483.27. The S&P 500 was up 8.37 to close at 859.12. The Ten Year Treasury Note closed at 101.75 up 1.00 pushing the yield down to 3.53. Oil was down .73 per barrel to close at $54.76. The U.S. Dollar gained .00048 against the Euro so one Euro will buy US$1.26358. The market's rally was the result of bargain hunters buying up cheap shares. That's it from Atlanta.
11/18/08 - Today the Dow closed at 8,424.75 up 151.17 while NASDAQ gained 1.22 to close at 1,483.27. The S&P 500 was up 8.37 to close at 859.12. The Ten Year Treasury Note closed at 101.75 up 1.00 pushing the yield down to 3.53. Oil was down .73 per barrel to close at $54.76. The U.S. Dollar gained .00048 against the Euro so one Euro will buy US$1.26358. The market's rally was the result of bargain hunters buying up cheap shares. That's it from Atlanta.
Monday, November 17, 2008
11/17/08- Market Falls on News of Job Cuts
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/17/08 - Today the Dow closed at 8,273.58 down 223.73 while NASDAQ lost 34.80 to close at 1,482.05. The S&P 500 was down 22.54 to close at 850.75. The Ten Year Treasury Note closed at 100.63 up .47 pushing the yield down to 3.675. Oil was down $2.11 per barrel to close at $55.49. The U.S. Dollar lost .01174 against the Euro so one Euro will buy US$1.26566. The market's decline was due to more bad news regarding job losses as Citigroup announced it would eliminate 14% of its work force or 50,000 jobs and Goldman Sachs announced its top execs would forgo bonuses - the bottom is still not in sight. That's all from Atlanta.
11/17/08 - Today the Dow closed at 8,273.58 down 223.73 while NASDAQ lost 34.80 to close at 1,482.05. The S&P 500 was down 22.54 to close at 850.75. The Ten Year Treasury Note closed at 100.63 up .47 pushing the yield down to 3.675. Oil was down $2.11 per barrel to close at $55.49. The U.S. Dollar lost .01174 against the Euro so one Euro will buy US$1.26566. The market's decline was due to more bad news regarding job losses as Citigroup announced it would eliminate 14% of its work force or 50,000 jobs and Goldman Sachs announced its top execs would forgo bonuses - the bottom is still not in sight. That's all from Atlanta.
Friday, November 14, 2008
11/14/08- Market Falls on Skepticism of Paulson's Plan
11/14/08- Market Falls on Mistrust of Paulsen
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER11/7/08 - Today the Dow closed at 8,943.81 up 248.02 but down for the week by 381.20 while NASDAQ gained 38.70 to close at 1,647.40 down for the week by 73.55. The S&P 500 was up 25.87 to close at 930.75 down for the week by 38. The Ten Year Treasury Note closed at 101.81 down .66 pushing the yield to 3.77 - for the week the Note was up 1.56 and the yield was down .19%. Oil was up $.27 per barrel to close at $61.04 which was a decrease of $6.77 per barrel for the week. The U.S. Dollar lost .00567 against the Euro so one Euro will buy US$1.27502. For the week, the Dollar gained .00114 against the Euro. The market's rally was the result of the yesterday's market absorbing the bad economic reports and buyers not being able to resist some of the bargains. Have a great weekend, that's it from Atlanta.
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER11/7/08 - Today the Dow closed at 8,943.81 up 248.02 but down for the week by 381.20 while NASDAQ gained 38.70 to close at 1,647.40 down for the week by 73.55. The S&P 500 was up 25.87 to close at 930.75 down for the week by 38. The Ten Year Treasury Note closed at 101.81 down .66 pushing the yield to 3.77 - for the week the Note was up 1.56 and the yield was down .19%. Oil was up $.27 per barrel to close at $61.04 which was a decrease of $6.77 per barrel for the week. The U.S. Dollar lost .00567 against the Euro so one Euro will buy US$1.27502. For the week, the Dollar gained .00114 against the Euro. The market's rally was the result of the yesterday's market absorbing the bad economic reports and buyers not being able to resist some of the bargains. Have a great weekend, that's it from Atlanta.
11/14/08- Market Falls on Skepticism of Paulson's Plan
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/14/08 - Today the Dow closed at 8,497.31 down 337.94 and down for the week by 446.50 while NASDAQ shed 79.85 to close at 1,516.85 down for the week by 130.55. The S&P 500 was down 38 to close at 873.29 down for the week by 57.46. The Ten Year Treasury Note closed at 100.34 up 1.31 pushing the yield down to 3.70 - for the week the Note was down 1.47 and the yield was down .07%. Oil was down $1.46 per barrel to close at $61.04 which was a decrease of $3.44 per barrel for the week. The U.S. Dollar gained .01456 against the Euro so one Euro will buy US$1.27502. For the week, the Dollar gained .01032 against the Euro. The market's decline was the result of the the market's mistrust of Treasury Secretary's zig zag on TARP and his announcement today that the markets have stabilized. The market's volatility says, "I don't think so!" Have a great weekend, that's it from Atlanta.
11/14/08 - Today the Dow closed at 8,497.31 down 337.94 and down for the week by 446.50 while NASDAQ shed 79.85 to close at 1,516.85 down for the week by 130.55. The S&P 500 was down 38 to close at 873.29 down for the week by 57.46. The Ten Year Treasury Note closed at 100.34 up 1.31 pushing the yield down to 3.70 - for the week the Note was down 1.47 and the yield was down .07%. Oil was down $1.46 per barrel to close at $61.04 which was a decrease of $3.44 per barrel for the week. The U.S. Dollar gained .01456 against the Euro so one Euro will buy US$1.27502. For the week, the Dollar gained .01032 against the Euro. The market's decline was the result of the the market's mistrust of Treasury Secretary's zig zag on TARP and his announcement today that the markets have stabilized. The market's volatility says, "I don't think so!" Have a great weekend, that's it from Atlanta.
Thursday, November 13, 2008
11/13/08- Stocks Jump as Buyers Can't Resist Bargains
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/13/08 - Today the Dow closed at 8,835.25 up 552.29 while NASDAQ gained 97.49 to close at 1,596.70. The S&P 500 was up 58.99 to close at 911.29. The Ten Year Treasury Note closed at 98.88 down .84 pushing the yield to 3.88. Oil was up $2.03 per barrel to close at $59.06. The U.S. Dollar lost .03220 against the Euro so one Euro will buy US$1.27730. The market's rally was the result of bargain hunters buying up cheap shares. That's it from Atlanta.
11/13/08 - Today the Dow closed at 8,835.25 up 552.29 while NASDAQ gained 97.49 to close at 1,596.70. The S&P 500 was up 58.99 to close at 911.29. The Ten Year Treasury Note closed at 98.88 down .84 pushing the yield to 3.88. Oil was up $2.03 per barrel to close at $59.06. The U.S. Dollar lost .03220 against the Euro so one Euro will buy US$1.27730. The market's rally was the result of bargain hunters buying up cheap shares. That's it from Atlanta.
Wednesday, November 12, 2008
11/12/08- Market Suffers Steep Decline on Light Trading
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/12/08 - Today the Dow closed at 8,282.66 down 411.30 while NASDAQ lost 81.69 to close at 1,499.21. The S&P 500 was down 46.65 to close at 852.30. The Ten Year Treasury Note closed at 102.78 up .81 pushing the yield down to 3.65%. Oil was down 3.17 per barrel to close at $56.16. The U.S. Dollar gained .00344 against the Euro so one Euro will buy US$1.24813. The market's decline was due to continuing over Goldman Sachs and the retail sector. Trading was light with 980 million shares on the Big Board. That's all from Atlanta.
11/12/08 - Today the Dow closed at 8,282.66 down 411.30 while NASDAQ lost 81.69 to close at 1,499.21. The S&P 500 was down 46.65 to close at 852.30. The Ten Year Treasury Note closed at 102.78 up .81 pushing the yield down to 3.65%. Oil was down 3.17 per barrel to close at $56.16. The U.S. Dollar gained .00344 against the Euro so one Euro will buy US$1.24813. The market's decline was due to continuing over Goldman Sachs and the retail sector. Trading was light with 980 million shares on the Big Board. That's all from Atlanta.
Tuesday, November 11, 2008
11/11/08-Analysts Cut Earnings So Market Falls Again
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/11/08 - Today the Dow closed at 8,693.96 down 176.58 while NASDAQ lost 35.84 to close at 1,580.90. The S&P 500 was down 20.26 to close at 898.95. The Ten Year Treasury Note closed at 101.97 up .22 pushing the yield down to 3.75%. Oil was down 3.08 per barrel to close at $59.33. The bond market was closed for Veteran's Day so one Euro will buy US$1.25298, same as yesterday. The market's decline was due to more bad economic news as analysts slashed earnings estimates for several companies including GOOGLE. That's all from Atlanta.
11/11/08 - Today the Dow closed at 8,693.96 down 176.58 while NASDAQ lost 35.84 to close at 1,580.90. The S&P 500 was down 20.26 to close at 898.95. The Ten Year Treasury Note closed at 101.97 up .22 pushing the yield down to 3.75%. Oil was down 3.08 per barrel to close at $59.33. The bond market was closed for Veteran's Day so one Euro will buy US$1.25298, same as yesterday. The market's decline was due to more bad economic news as analysts slashed earnings estimates for several companies including GOOGLE. That's all from Atlanta.
Monday, November 10, 2008
11/10/08 - Market Dips on Fears re: Automakers and Financials
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/10/08 - Today the Dow closed at 8,870.54 down 73.27 while NASDAQ lost 30.66 to close at 1,616.74. The S&P 500 was down 11.78 to close at 919.21. The Ten Year Treasury Note closed at 101.97 up .22 pushing the yield down to 3.75%. Oil was up $1.37 per barrel to close at $62.41. The U.S. Dollar was unchanged against the Euro so one Euro will buy US$1.27437. The market's decline was due to more bad news regarding automakers and financials, specifically a report by Barclays that Goldman Sachs will suffer a fourth quarter loss. That's all from Atlanta.
11/10/08 - Today the Dow closed at 8,870.54 down 73.27 while NASDAQ lost 30.66 to close at 1,616.74. The S&P 500 was down 11.78 to close at 919.21. The Ten Year Treasury Note closed at 101.97 up .22 pushing the yield down to 3.75%. Oil was up $1.37 per barrel to close at $62.41. The U.S. Dollar was unchanged against the Euro so one Euro will buy US$1.27437. The market's decline was due to more bad news regarding automakers and financials, specifically a report by Barclays that Goldman Sachs will suffer a fourth quarter loss. That's all from Atlanta.
Friday, November 7, 2008
11/7/08- Market Rises as Buyers Seek Bargains
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/7/08 - Today the Dow closed at 8,943.81 up 248.02 but down for the week by 381.20 while NASDAQ gained 38.70 to close at 1,647.40 down for the week by 73.55. The S&P 500 was up 25.87 to close at 930.75 down for the week by 38. The Ten Year Treasury Note closed at 101.81 down .66 pushing the yield to 3.77 - for the week the Note was up 1.56 and the yield was down .19%. Oil was up $.27 per barrel to close at $61.04 which was a decrease of $6.77 per barrel for the week. The U.S. Dollar lost .00567 against the Euro so one Euro will buy US$1.27502. For the week, the Dollar gained .00114 against the Euro. The market's rally was the result of the yesterday's market absorbing the bad economic reports and buyers not being able to resist some of the bargains. Have a great weekend, that's it from Atlanta.
11/7/08 - Today the Dow closed at 8,943.81 up 248.02 but down for the week by 381.20 while NASDAQ gained 38.70 to close at 1,647.40 down for the week by 73.55. The S&P 500 was up 25.87 to close at 930.75 down for the week by 38. The Ten Year Treasury Note closed at 101.81 down .66 pushing the yield to 3.77 - for the week the Note was up 1.56 and the yield was down .19%. Oil was up $.27 per barrel to close at $61.04 which was a decrease of $6.77 per barrel for the week. The U.S. Dollar lost .00567 against the Euro so one Euro will buy US$1.27502. For the week, the Dollar gained .00114 against the Euro. The market's rally was the result of the yesterday's market absorbing the bad economic reports and buyers not being able to resist some of the bargains. Have a great weekend, that's it from Atlanta.
Thursday, November 6, 2008
10/6/08- Market Continues to Drop on More Bad Economic News
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/6/08 - Today the Dow closed at 8,695.79 down 443.48 while NASDAQ lost 72.94 to close at 1,608.70. The S&P 500 was down 47.89 to close at 904.88. The Ten Year Treasury Note closed at 102.47 up .09 pushing the yield up to 3.69%. Oil was down $4.53 per barrel to close at $650.77. The U.S. Dollar gained .02122 against the Euro so one Euro will buy US$1.27194. The market's decline was due to more bad unemployment news, namely that weekly jobless claims were worse than expected. Also retailers reported weak monthly same store sales. That's all from Atlanta.
11/6/08 - Today the Dow closed at 8,695.79 down 443.48 while NASDAQ lost 72.94 to close at 1,608.70. The S&P 500 was down 47.89 to close at 904.88. The Ten Year Treasury Note closed at 102.47 up .09 pushing the yield up to 3.69%. Oil was down $4.53 per barrel to close at $650.77. The U.S. Dollar gained .02122 against the Euro so one Euro will buy US$1.27194. The market's decline was due to more bad unemployment news, namely that weekly jobless claims were worse than expected. Also retailers reported weak monthly same store sales. That's all from Atlanta.
Wednesday, November 5, 2008
11/5/08- Dow Drops on Bad Job News
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/5/08 - Today the Dow closed at 9,139.27 down 486.01 while NASDAQ lost 98.48 to close at 1,681.64. The S&P 500 was down 52.98 to close at 952.77. The Ten Year Treasury Note closed at 102.63 up .44 pushing the yield down to 3.67%. Oil was down $5.23 per barrel to close at $65.30. The U.S. Dollars gained .00506 against the Euro so one Euro will buy US$1.29567. The market's decline was due to government reports that the private non-farm employment dropped by 157,000 in October, the largest decline since 2002 and worst than expect. That's all from Atlanta.
11/5/08 - Today the Dow closed at 9,139.27 down 486.01 while NASDAQ lost 98.48 to close at 1,681.64. The S&P 500 was down 52.98 to close at 952.77. The Ten Year Treasury Note closed at 102.63 up .44 pushing the yield down to 3.67%. Oil was down $5.23 per barrel to close at $65.30. The U.S. Dollars gained .00506 against the Euro so one Euro will buy US$1.29567. The market's decline was due to government reports that the private non-farm employment dropped by 157,000 in October, the largest decline since 2002 and worst than expect. That's all from Atlanta.
Tuesday, November 4, 2008
11/4/08- Stocks Soar on Relief the Election is Over
11/4/08- Market Flat as Election Nears
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/4/08 - Today the Dow closed at 9,625.20 up 305.45 while NASDAQ gained 53.79 to close at 1,780.12. The S&P 500 was up 39.45 to close at 1,005.75. The Ten Year Treasury Note closed at 101.90 up 1.2 pushing the yield down. Oil was up 6.62 per barrel to close at $70.53. The U.S. Dollar lost .0398 against the Euro so one Euro will buy US$1.298. The market was optimistic that the economy will improve now that the election is over and Obama is expected to win. That's it for today from Atlanta.
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/4/08 - Today the Dow closed at 9,625.20 up 305.45 while NASDAQ gained 53.79 to close at 1,780.12. The S&P 500 was up 39.45 to close at 1,005.75. The Ten Year Treasury Note closed at 101.90 up 1.2 pushing the yield down. Oil was up 6.62 per barrel to close at $70.53. The U.S. Dollar lost .0398 against the Euro so one Euro will buy US$1.298. The market was optimistic that the economy will improve now that the election is over and Obama is expected to win. That's it for today from Atlanta.
Monday, November 3, 2008
11/3/08- Market Flat as Election Nears
THE FOLLOWING IS PUBLISHED BY INTELLIVEST SECURITIES RESEARCH, INC., RIA, AND IS NOT INTENDED AS ADVERTISING BY A BROKER-DEALER
11/3/08 - Today the Dow closed at 9,319.83 down 5.18 while NASDAQ gained 5.38 to close at 1,726.33. The S&P 500 was down 2.45 to close at 966.30. The Ten Year Treasury Note closed at 100.69 up .34 pushing the down to 3.91%. Oil was down $3.90 per barrel to close at $63.91. The U.S. Dollars gained .00985 against the Euro so one Euro will buy US$1.26582. The market was quiet today with low volume on the NYSE of just over 1 billion shares in anticipation of the election tomorrow of Obama. That's it for today from Atlanta.
11/3/08 - Today the Dow closed at 9,319.83 down 5.18 while NASDAQ gained 5.38 to close at 1,726.33. The S&P 500 was down 2.45 to close at 966.30. The Ten Year Treasury Note closed at 100.69 up .34 pushing the down to 3.91%. Oil was down $3.90 per barrel to close at $63.91. The U.S. Dollars gained .00985 against the Euro so one Euro will buy US$1.26582. The market was quiet today with low volume on the NYSE of just over 1 billion shares in anticipation of the election tomorrow of Obama. That's it for today from Atlanta.
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