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DJIA Market Close for Wednesday, May 16, 2012

The Dow closed down -33.45 (-0.26%) at 12,598.55. The S&P 500, Nasdaq and Russell 2000 were all down. There were 13 lucky Dow stocks in the winners column today led by GE (+3.26%), PFE, MRK, CSCO and PG. Dow losers (17 of them) were led by BAC (-2.60%), AA, JPM, INTC and HPQ. At this [...]

Market Happenings for Wednesday, May 16, 2012

Premarket, futures are up. Gainers this morning include FTR, FOSL, GE, AKAM and PHM while losers include JCP (-14.92%), ANF, PCS, SPLS and KLAC. The Market Politicians in Greece have failed to agree on a coalition government with President Karolos Papoulias calling for all parties to meet Wednesday to set up a caretaker government that [...]

DJIA Market Close for Tuesday, May 15, 2012

The Dow was down -63.35 (-0.50%) to close at 12,632.00. The S&P 500 is near 1330 about 10 points below where I’ve been hearing we should find support. I don’t think we’ve reached the support point yet. Looking at the Dow stocks I see none other than JPMorgan (JPM) leading the meager few Dow stocks [...]

Market Happenings for Tuesday, May 15, 2012

Premarket, futures are mixed and near unchanged. Gainers this morning include CHK, AVP, BMC, PHM and YHOO while losers include HCP, SYMC, RSG, PSX and BAC. The Market Home Depot (HD) reported weaker-than-expected quarterly sales today after demand slowed in April following a jump in home improvement projects spurred by warm weather earlier in the [...]

DJIA Market Close for Monday, May 14, 2012

The Dow closed down -125.25 (-0.98%) at 12,695.35. So far tonight, the futures are up a hair, but I suspect by morning there will be some bad vibe from Europe or some other company will provide a downward spin to this market. I love it! Right now, I’m bearish having raised cash to about 60%, [...]