hsnmf's Message History
Replies
Messages Posted
My rated Messages
Dow 10,444.52 +126.36 +1.22%
Nasdaq 2,174.73 +28.69 +1.34%
S&P 500 1,105.57 +14.19 +1.30%
10 Yr Bond(%) 3.3690% +0.0130
Oil 77.67 +0.20 +0.26%
Gold 1,164.30 +17.90 +1.56%
...
Wall Street rallied on Monday, with the S&P set to reverse a three-day sell-off, as a weak U.S. dollar and better-than-expected home sales data encouraged investors.
The National Association of Realtors said sales of previously owned U.S. homes rose at a faster-than-expected pace to the highest in more than 2-1/2 years. The Dow Jones U.S. Home Construction index .D
...
T P Raman is Managing Director, Sundaram BNP Paribas Asset Management said : The investing environment now appears more difficult in terms of choices than was the case six months ago. Equities have had a tearing on the back of liquidity in emerging markets and on economic parameters not declining in the manner they did in Q 4 of 2008 and Q 1 of 2009. Valuations are no longer attractive and are in fair value territory.
Emerging markets as an asset class trade at price earnings multiples that are similar to developed markets. In the sense that the growth prospects are completely different, a premium could emerge and be sustained.
...
The International Monetary Fund has sold 200 tonnes of gold to the Reserve Bank of India for $6.7 billion, quietly executing half of a long-planned bullion sale that has threatened to slow gold`s ascent.
The deal, which surprised traders who expected China to be the most likely buyer, will relieve the gold market of some uncertainty over how and when the IMF would sell 403.3 tonnes of gold, about one-eighth of its total stock. The deal will increase India`s gold holdings to the tenth largest among central banks.
...
Dow 10,446.71 Up 128.55 (1.25%)
Nasdaq 2,173.28 Up 27.24 (1.27%)
S&P 500 1,105.69 Up 14.31 (1.31%)...
2:30 pm : Corporate headlines have been lacking this session, but Campbell Soup Co (CPB 34.51, +0.39) posted this morning adjusted earnings of $0.87 per share for its latest quarter. Analysts, on average, had expected the company to bring in $0.81 per share.
Tyson Foods (TSN 12.81, -0.26) reported adjusted earnings of $0.28 per share for its fiscal fourth quarter. That topped the consensus estimate by $0.02.
Due tonight are earnings results from Hewlett-Packard (HPQ 50.88, +0.84), which is expected to bring in $1.13 per share, up from $1.03 per share in the same period one year ago. DJ30 +121.00 NASDAQ +25.65 SP500 +12.95 NASDAQ Adv/Vol/Dec 1877/1.29 bln/790 NYSE Adv/Vol/Dec 2292/594 mln/698 ...
India will push ahead with financial sector reforms, which will not destablise growth, and can absorb a welcome rise in foreign investment flow...
Dow 10,446.71 Up 128.55 (1.25%)
Nasdaq 2,173.28 Up 27.24 (1.27%)
S&P 500 1,105.69 Up 14.31 (1.31%)...
2:30 pm : Corporate headlines have been lacking this session, but Campbell Soup Co (CPB 34.51, +0.39) posted this morning adjusted earnings of $0.87 per share for its latest quarter. Analysts, on average, had expected the company to bring in $0.81 per share.
Tyson Foods (TSN 12.81, -0.26) reported adjusted earnings of $0.28 per share for its fiscal fourth quarter. That topped the consensus estimate by $0.02.
Due tonight are earnings results from Hewlett-Packard (HPQ 50.88, +0.84), which is expected to bring in $1.13 per share, up from $1.03 per share in the same period one year ago. DJ30 +121.00 NASDAQ +25.65 SP500 +12.95 NASDAQ Adv/Vol/Dec 1877/1.29 bln/790 NYSE Adv/Vol/Dec 2292/594 mln/698 ...
Weak Dollar, Home Sales Data Carry Stocks Higher- AP
Stocks are surging as a report showing a big jump in home sales renews the market`s optimism about the economy. The National Association of Realtors says home sales rose 10.1 percent in October, spurred by a tax credit for first-time homebuyers....
2:00 pm : The broader equity market continues to move sideways after steadying its descent from midmorning highs.
Energy stocks had been early leaders, but a pullback in oil prices has caused the sector to pare its position. Oil prices have pulled back $2 to trade at $77.90 per barrel, still up 0.5% for the session, though. The energy sector had been up as much as 2.9%, but is now trading with a 1.7% gain.
Though it is regarded as defensive, telecom is now the best performing sector. It is up 2.1%. Fellow defensive-oriented sectors consumer discretionary (+0.8%), health care (+0.9%), and utilities (+1.2%) are well behind.DJ30 +120.32 NASDAQ +26.87 SP500 +13.17 NASDAQ Adv/Vol/Dec 1936/1.21 bln/736 NYSE Adv/Vol/Dec 2339/551 mln/652 ...
Cadbury shares rise on report of Nestle interest - AP - Mon 9:48 am ET
Shares in British chocolate maker Cadbury PLC hit their highest level in at least five years Monday on reports that another rival, Switzerland`s Nestle SA, may make a takeover bid. ...
Analyst predicts small auto sales comeback in 2010 - AP - 1 hour, 59 minutes ago
The U.S. auto industry will recover only a little next year, weighed down by high unemployment and other troubles that will continue to limit economic growth, a top industry analyst said Monday. ...
TV retailer QVC joins `Black Friday` frenzy - AP - 1 hour, 44 minutes ago
Television retailer QVC has made aggressive plans to keep shoppers watching -- instead of mall-hopping -- on Black Friday, an event it has traditionally ignored. ...
09:40 am : Sellers are making their presence known in the early going. Their efforts have led to broad-based losses that have put each of the three major indices well into negative territory.
Pressure against the Nasdaq is slighly more intense than it is against the Dow or the S&P 500, however. That stems largely from weakness in semiconductor stocks. Semiconductors are down 3.3%, as measured by the Philadelphia Semiconductor Index, after analysts at Bank of America`s Merrill Lynch downgraded the industry.DJ30 -106.56 NASDAQ -32.66 SP500 -14.48 NASDAQ Adv/Vol/Dec 340/153 mln/1845 NYSE Adv/Vol/Dec 339/85 mln/2371 ...
CNBC`s so called experts suggest on Friday, October 30, 2009 that on Tuesday, November 3, 2009 our market will bounce back and see today the bounce back, lol. I think their bounce back means is bounce down and down....
Sumitji ek shair aapke liye:
Waqt dhoka de gaya mujhe lekin
Tumhari yaadein abhi baaki hai
Kitni jaldi doobta hai suraj aur raat
Doob jaati hai apne hi andhere mein....
12:30 pm : The Dow, Nasdaq, and S&P 500 have steadied their descent so that losses remain less than 1%. However, small-caps in the Russell 2000 and mid-caps in the S&P 400 are under more intense pressure, which has them down 1.7% and 1.3%, respectively.
Commodities are also under considerable pressure. With the Dollar Index now up 0.5%, the CRB Commodity Index has fallen to a 0.5% loss.
Meanwhile, Treasuries are faring well amid the weakness in stocks and commodities. As such, the benchmark 10-year Note is up some 17 ticks.DJ30 -82.22 NASDAQ -20.28 SP500 -9.98 NASDAQ Adv/Vol/Dec 590/1.06 bln/2002 NYSE Adv/Vol/Dec 815/575 mln/2144 ...
Where is the BIG BEIR MR. BULLSHEETRULES(BSR)?.....
|