Quantcast Friday's Market Open: News & Notes
Search by tag or site Login to my blog ? Start my own blog














TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

Millionaire Now! by Larry Nusbaum

This blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth".

Friday's Market Open: News & Notes

Posted on 04/20/2007 13:18:35 | Link | Post Comment
Stocks Point to Higher Open

"Stocks pointed to a higher opening Friday as investors reacted favorably to stronger-than-expected earnings from Google Inc. and Honeywell International Inc."

Gold futures dropped $5 an ounce Thursday to close at their lowest level in a week, as news of faster-than-expected growth in China in the first quarter triggered worries that the government will have to take measures to slow down its economy, reducing demand for metals.

Yesterday, there were modest gains for the Semiconductor ($SOX +0.62%) and Biotechnology ($BTK +0.67%) indexes, but the broader market action was mostly negative. The Software ($GSO -0.81%), Internet ($DOT -0.50%), and Networking ($NWX -0.47%) indexes suffered small losses. Energy shares showed weakness as the Oil Services ($OSX -1.07%) and Integrated Oil ($XOI -0.81%) indexes were among the negative indexes. The Healthcare ($HMO -1.25%) group also slumped. The Broker/Dealer Index ($XBD -0.55%) showed a small loss, meanwhile the Bank ($BKX -0.12%) and Retail ($RLX -0.11%) indexes ended the session only slightly in the red.

From 24/7 Wall St.:

From Trading Markets:

From MarketWatch:

ES Pivot Points from Dr. Brett: for Friday 4/20:
Pivot Level: 1477.75; R1: 1484.50; R2: 1488.25; S1: 1474.00; S2: 1467.25

Wall Street Breakfast & David Fry's Market Outlook for Friday in Seeking Alpha by SA Editors on April 20- What you need to know for the open.

Thursday's Top Biotech and Medical Stocks

Long-Term Market Model – Bearish since December 8th.
Asset Allocation – AAS Model Portfolios are allocated at 50% cash and 50% long.

Blog - Investing Notes Blog Synthesis: MarketStatus from CXOAG

Prepared for a sudden market drop? Use risk management techniques from Chuck

Study Stocks' Price, Volume Movements from IBD- There were 22 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page - {sign up is free}

The public will believe anything, so long as it is not founded on truth.Dame Edith Sitwell (1887 – 1964)

Stock Quote or
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Fri Jul 18, 2008 08:23AM
U.S. stock futures rebound on Citigroup results"S&a [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.