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You are here : Stock Investing » Archives for February 2009

Another down day for the market

Posted On Wednesday, 25 Feb 2009 By Michael. Under After the Bell, Bad News, Housing, Major Moves, Politics  Tags: DOW, Housing, Obama, Trading  
Another down day for the market After yesterday's rally, and President Obama's speech last night, it would have been nice to see another strong day for the market, but that was not the case as sellers came back in and sent all the major markets lower in today's trading. As we know, the housing market has been a major drain on the overall economy, and the real estate market got some more bad news today as we ...

Market Update – Markets close the week on a sour note

Posted On Friday, 13 Feb 2009 By Michael. Under After the Bell, Bad News, Congress, Economy, Foreclosures, Housing, Market Updates, Politics, Recession  Tags: DOW, Foreclosures, Housing, NASDAQ, Obama, S&P, stimulus, wall street  
Market Update – Markets close the week on a sour note Friday was another sell off for the market, as investors continue to show fear ahead of a plan out of Washington on how to reverse the current recession that seems to be deepening with each passing day. The DOW was down 1.04% today, the NASDAQ traded 0.5% lower, and the S&P dropped another 1.0% in today's trading. For the week, the DOW dropped a total of 5.2%, and is sitting at lows ...

Wall Street closes the week on a strong note

Posted On Saturday, 07 Feb 2009 By Michael. Under Oil, Recession, unemployment  Tags: Oil, unemployment, wall street  
Wall Street closes the week on a strong note Despite being hit with some seriously unfavorable employment data today, Wall Street made strong gains to close out the week today. The DOW was up 2.7% today, the NSADAQ inched up 2.9%, and the S&P posted a rise of 2.7%. Earlier in the day, it appeared as though we may be in store for a sell off when the Labor Department released unemployment data for January. In its report, it said that ...

Wal-Mart (WMT) puts up strong January sales figures

Posted On Thursday, 05 Feb 2009 By Michael. Under Competite Strategy, Economy, Recession    
Wal-Mart (WMT) puts up strong January sales figures Retail sales figures for January are in, and the picture is not pretty for most retailers out there. According to the International Council of Shopping Centers, sales dropped by 1.6% in January, which was actually a little better than the 2 to 3% dip analysts had been expecting, but still marking the fourth straight month sales have shrunk. While most retailers are facing hard time, Wal-Mart (NYSE: WMT) actually had a ...

Premarket look: Market poised for lower start to kick off February

Posted On Monday, 02 Feb 2009 By Michael. Under Before the Bell, Congress, Consumer Experience, Economy, Market Updates  Tags: consumer spending, Economy, premarket, stimulus, Trading  
Premarket look: Market poised for lower start to kick off February Taking a look at futures trading this morning indicates that the market is going to get off to a tough start for the trading day of February. Investors continue to express concern that the stimulus package that was recently passed in the House is not going to get passed when the Senate gets its chance to vote on the new plan. There is still a good deal of concern over what ...
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