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You are here: Home / Archives for stock market close

Goldman’s Fraud Charges, Stocks Plunge, Dollar Climbs

April 16, 2010 by David Goodboy

Goldman Sachs was accused of fraud in the synthetic Abacus CDO transaction by the SEC. Financial shares plunged on the news leading the broad market sharply lower.

Filed Under: Commentary, Recent Tagged With: SEC, stock market close, volatile markets

Stocks Stretch Higher, Employment Sours, Google Misses Profit

April 15, 2010 by David Goodboy

Stocks stretched higher for the sixth day in a row on strong earnings and merger/acquisition chatter. Even climbing unemployment claims could not completely squelch the bulls.

Filed Under: Commentary, Recent Tagged With: stock market advance, stock market close

Bear Crushing Rally, Delightful Earnings, Fed Optimistic

April 14, 2010 by David Goodboy

The bulls took over Wall Street on this middle trading day of the week. A bear crushing rally ensued on strong results from JP Morgan Chase and Intel. Even the weak employment situation was counteracted by positive retail sales and production figures.

Filed Under: Commentary, Recent Tagged With: stock market advance, stock market close

Momentum Monster, Stocks Advance, Profits Increase

April 13, 2010 by David Goodboy

The bulls are in full control of the stock market. Shares pushed higher today on better than expected results from consumer and industrial names.

Filed Under: Commentary, Recent Tagged With: stock market close, stocks advance

Stocks Climb, Low VIX, Greece Saved

April 12, 2010 by David Goodboy

After an erratic trading session, shares ended higher across the board. The weekend’s news of a massive Greek aid package approved by the EU combined with merger and takeover chatter lifted shares.

Filed Under: Commentary, Recent Tagged With: Greece saved, stock market close, Stocks Climb, VIX

11,000 In Sight, Chevron Optimistic, Wholesale Inventories Bullish

April 9, 2010 by David Goodboy

Stocks surged higher today led by energy shares, which was triggered by an upbeat forecast from sector leader, Chevron.

Filed Under: Commentary, Recent Tagged With: stock market close, Stocks Climb

Trichet Calms Greece, Retail Rocks, Stocks Climb

April 8, 2010 by David Goodboy

Surprisingly better than expected retail sales numbers stopped the global stock slide in its tracks on this second to last trading session of the week.

Filed Under: Commentary, Recent Tagged With: Greek Troubles, stock market close, Stocks Climb

Credit Crumbles, Stocks Slump, Greek Troubles

April 7, 2010 by David Goodboy

Stocks slumped steeply lower today on a crumbling consumer credit reading. Continued international woes from Greece’s beleaguered economy added to the bearish tone of the session.

Filed Under: Commentary, Recent Tagged With: Credit Crumbles, Greek Troubles, stock market close, Stocks Slump

FOMC Minutes Relief, Stocks Mixed, New Oil Highs

April 6, 2010 by David Goodboy

Stocks breathed a sigh of relief today as the FOMC minutes clearly indicated that the Fed has no plans for immediate interest rate hikes. However, stocks closed mixed on the day with the DJIA as the laggard.

Filed Under: Commentary, Recent Tagged With: FOMC minutes, mixed closed, stock market close

Stocks Climb, Strong Employment Report, FOMC Minutes

April 5, 2010 by David Goodboy

Stocks advanced on the first trading day after the holiday extended weekend. A strong employment report on Friday carried bullish enthusiasm into the new week.

Filed Under: Commentary, Recent Tagged With: FOMC minutes, stock market close, Stocks Climb, Strong Employment Report

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Buy The Fear, Sell The Greed

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