Archive for July, 2011

DJIA / Market Close for Friday, July 29, 2011

THIS WAS THE WORST WEEK FOR STOCKS IN 2011. The Dow today closed down -96.87 (-0.79%) at 12,143.24. So, this is how bad this past week was. For the week, DJIA was down -4.2%, Nasdaq -3.6%, S&P 500 -3.9% and the Russell 2000 was down a whopping -5.3%. That left year-to-date gains standing at +4.9% [...]

Market Happenings for Friday, July 29, 2011

Pre-market, futures are down hard after the government said economic growth slowed sharply in the second quarter and lack of progress on a debt deal. The Dow is now looking to open down 135 points near 12,508. Gainers this morning include NWL, YHOO, EXPE, CERN and AMGN. Losers include WY, M, MMI, MAS and S. [...]

DJIA / Market Close for Thursday, July 28, 2011

After the close… We have SBUX up +2.3%, CSTR down -1.6% and CHK up +1.7% following their earnings reports and guidance. The major market averages had a sharp reversal, losing early gains and closing flat to lower as investors worry over the debt ceiling debate in Washington continues to weigh on equities. The Nasdaq turned [...]