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Markets rally again – gaining 120 Points on the DOW

2009/03/17
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Today’s gains can be attributed to the news on rebound of housing starts. Housing starts jumped bout 22% from January which is very good news. The actual number may be small but the news itself is positive. Most of the Home builders stocks I have checked are up and the overall sentiment is positive.

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Stocks gave up the gains and went in to red

2009/03/17
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Once almost gained 150 points, DOW ended up being red.  Looks like there is not enough steam to push the stocks forward. City group and Bank of America are still in the green; both these stocks are in the most active category. There are...

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Stocks extend rally after a big week.

2009/03/16
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Today it is a jubilant day for Dow – After last weeks rally people kind of thought we may have a little profit taking, instead the DOW has a triple digit gain.   Nasdaq is kind of hovering in the border line.   City...

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Excellent week!

2009/03/13
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Four days in a row market extend the gains.  All three major indexes are in Green for four days. It is tempting to get in, but I would like...

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Stocks extend gains for the 3rd successive day

2009/03/12
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This is a record in recent days where the major indexes went up three days in succession. And today’s gains are significant – DOW went up 200 + points....

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Markets looking for direction

2009/03/12
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Market kept tuesday’s gain but could not make up or find a direction.  it is kind of volatile and fluctuated up and down.  Banking stocs ended higer.  But lost...

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