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.
Archive for March 17th, 2009
Markets rally again – gaining 120 Points on the DOW
Tuesday, March 17th, 2009Stocks gave up the gains and went in to red
Tuesday, March 17th, 2009Once 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 a lot of double digit losers who made the day red.
AIG remained as [...]