Friday, August 28, 2009

Dow ...9,544.20 ...-36.43 (-0.38%)
S&P 500 ..1,028.93 ..-2.05 (-0.20%)
Nasdaq ...2,028.77 ..+1.04 (0.05%)

Corporates' Tech Purchases Still In Doubt Despite Optimism
US Economy: Consumer Spending Climbs on 'Cash for Clunkers'
Flat incomes raise doubts about economic recovery
INSTANT VIEW: Consumer confidence hits four-month low
Consumers still on the edge of the cliff
OIL FUTURES: Crude Rises, But Held Back By Uncertain Economy
Crude Advances a Second Day as Rising Equities Signal Recovery
AIG Rises, and Many Ask Why
UK Second-Quarter GDP Falls Less-Than-Forecast 0.7%
Meltdown 101: Why banks' struggles have worsened
WASHINGTON - Despite signs of an improving economy, the nation's banks are still struggling - in fact, the pace of bank failures has accelerated.

The market seems in the cross road. Marketers look more signs to trade. Let's wait and see some numbers will reveal in the next week.

Monday, August 10, 2009

Tuesday, August 04, 2009

Dow ...9,320.19 ...+33.63 (0.36%)
S&P 500 ..1,005.65 ..+3.02 (0.30%)
Nasdaq ...2,011.31 ...+2.70 (0.13%)

Home Sales Rise For Fifth Straight Month
US Stocks Move Slightly Lower Despite Gain In Financials
American Incomes Head Down, Threatening Recovery in Spending
Consumer spending rises; savings, income sink
June consumer spending, pending home sales rise
Gold Reaches Two-Month High
US gold rises above $970 on weak dlr, risk appetite
Gold May Drop as Dollar Recovers Against Basket of Currencies
Spending inches up in June, despite income drop
Stocks fluctuate as investors try to extend rally
Oil rally stalls in face of better economic data

Well, along with the economy data revealed good enough, the index climb new high everyday. it shows strong signal bull market, so everytime when the index dip there are many traders jumped in to buy and form a short term support.
As long as no surprise data on the economy side, the market has strong desire to go higher.

Wednesday, July 29, 2009

Dow ....9,070.72 ...-26.00 (-0.29%)
S&P 500 ..975.15 ...-4.47 (-0.46%)
Nasdaq ...1,967.76 ...-7.75 (-0.39%)

Fed Says Most Districts Report Slower Pace Decline
Fed's Economic Snapshot Brings Street Off Lows
Economic Woes Hurt Trading
Energy prices slide as unused crude piles up
Coal miner Massey Energy sees chance to boost exports
Stocks lose ground on worries about economy's path
New technology aimed at increasing oil production

well maintained above 9,000. If there is no news to push up most likely would pull back for traders take some profit out of the table.

Friday, July 24, 2009

Dow ....9,093.24 ...+23.95 (0.26%)
S&P 500 ...979.26 ..+2.97 (0.30%)
Nasdaq ...1,965.96 ..-7.64 (-0.39%)

American Airlines To Raise US Checked-Bag Fees By $5
Microsoft shares slip on disappointing results
Buffett: Now is time to invest in stocks
NYMEX-Crude ends seesaw session higher, above $68
Oil prices rise on brighter economic outlook
SunPower, LDK lead solar stock rally
SunPower's Unexpected Profit Pushes Solar Shares Up
US Economy: Consumer Sentiment Falls on Concern Over Jobs

This week is another harvest week. The rally has been for 5 months.
The earnings season and economy recover story are the driving force. It seems not look back for the market optimistic views. Continue to focus on the earnings reports.

Thursday, July 23, 2009

I am back

These days the blog temperary moved to

http://www.peopleandpicks.com/blog/Clark2005

for system error.

Tuesday, July 07, 2009

Dow ...8,163.60 ...-161.27 (-1.94%)
S&P 500 ...881.03 ..-17.69 (-1.97%)
Nasdaq ...1,746.17 ...-41.23 (-2.31%)

Loan Losses Mount
Rising unemployment, a shrinking economy and falling home prices have left US consumers increasingly unable or unwilling to pay credit card bills and home equity lines of credit.
Credit delinquencies hit record high
Stocks stumble on economic woes
US Stocks Fall on Earnings Concern, Retreat in Oil Prices
Treasurys mostly rise as investors look for safety
Stocks dip as investors await earnings season
Crude prices fall below $63 in extended sell-off