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Thread: Daily Market Watch

  1. #11
    billhart22 is offline
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    Obama might be the only boost for the Market this week

    http://www.marketwatch.com/News/Stor...ket%20Snapshot

    "Stocks brace for new President amid earnings deluge"

    "NEW YORK (MarketWatch) -- The inauguration of President-elect Barack Obama might be the only boost for Wall Street next week, as a deluge of what are expected to be mostly bad corporate results and fresh reports on the state of the housing market starts pouring in."

    This article is dated the 16th of January and is worth the short read.

  2. #12
    trippingthespeculatingpos is offline
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    yeah im hoping investors will ingore the bad news as it is probaly already been priced in. I think the market is headed for a HUGE rally this week. I'm not some1 who does alot of technical analysis but from what ive seen this month it seems like things are oversold, and heading for a rally. Dunno if it will start tuesday, but by friday we will be up quite a bit for the week. Anyway figured id throw my pred out there , even though its not a very technical one.

  3. #13
    billhart22 is offline
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    Futures Ianagurate Losses and Chrysler again

    http://www.marketwatch.com

    Futures are down and Chrysler gives away 35% of its company to FIAT after we give them 4 Billion dollars, not to mention U.K. and Asian Banks fell.

    Link is above

  4. #14
    billhart22 is offline
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    Financials are killing us and will continue

    http://www.marketwatch.com/news/stor...-66BC92C0B31B}

    Banks battered as sector matches worst day ever
    By Greg Morcroft, MarketWatch
    Last update: 4:21 p.m. EST Jan. 20, 2009
    Comments: 717
    NEW YORK (MarketWatch)-- U.S. financial stocks plunged Tuesday, falling almost 17% to match their biggest percentage decline ever as investors panicked at the likelihood that there is no end in sight for the sector's need for capital, and no easy way to raise it.
    For investors who might have thought the worst was over after the nation's big three banks aired some dirty laundry last week, Tuesday provided clear evidence that the horror show continues......


    Check it out at the link above.....

  5. #15
    dread is offline
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    Joined: Jan 2009 Location: Chicago Posts: 454
    I am waiting to see if the S@P drops another 300 before any capitulation.

    Don't ask why, but if this happens I will be going long on every stock I can buy. The sooner the government gets out of our way the better.

    Have a good night everyone, I am done!!! Happy trading too!!

  6. #16
    trippingthespeculatingpos is offline
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    Quote Originally Posted by trippingthespeculatingpos View Post
    yeah im hoping investors will ingore the bad news as it is probaly already been priced in. I think the market is headed for a HUGE rally this week. I'm not some1 who does alot of technical analysis but from what ive seen this month it seems like things are oversold, and heading for a rally. Dunno if it will start tuesday, but by friday we will be up quite a bit for the week. Anyway figured id throw my pred out there , even though its not a very technical one.
    i could still be right :O

  7. #17
    billhart22 is offline
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    Looking good right at the moment, Tripps

    Quote Originally Posted by trippingthespeculatingpos View Post
    i could still be right :O
    I sure hope that you are! Now, we are at 8228 and 1507 which is totally bitchin!

    If we can stay at this level and work up to where we were before yesterday, then my predictions on higher levels will kick in.

    I totally hope that you are right!

  8. #18
    trippingthespeculatingpos is offline
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    i totally hope i am too!!! lol

  9. #19
    trippingthespeculatingpos is offline
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    damn this sscc i should of never got it, its ruining all my fun

  10. #20
    billhart22 is offline
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    Laughing with you.....oh well, sell it at a loss and put it somewhere else....like...SIRI??

  11. Ad Fairy Senior Member
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