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.
Friday, November 7, 2008
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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