Wednesday, August 26, 2009

Market update 08/25/09 - Free Stock Market Analysis

Here is the latest trading and free market analysis info on the markets and more...

FYI – I have updated the “My Links” page (above on a3holdings.com) with a great collection of trading links, to help you make a more informed investment or trade.


August 25, 2009 -- 16:30 ET
Moving the Market:
Overall news flow is slow. S&P/Case-Shiller Home Price Index for June shows further declines, but not as much as expected. August Consumer Confidence Index improves more than expected. Fed Chair Bernanke receives nomination to second term.

Sector Watch:
Strong:
consumer electronics; homebuilding; airlines; life and health insurers; automakers; regional banks; diversified banks; gold

Weak:
food distributors; specialty stores


Market Events
08/25/09 16:30 ET Dow +30.01 at 9539.29, Nasdaq +6.25 at 2024.23, S&P +5.43 at 1028.00:
[BRIEFING.COM] Stocks spiked to a gain of more than 1% following a better-than-expected consumer confidence reading, but the major indices quickly faltered to settle the session with modest gains. Though that made for an unimpressive finish, the gain helped stocks register a new closing high for 2009.

The major indices hit session high in the moments following the Consumer Confidence Index for August, which came in at 54.1. That was above the 47.9 that was widely expected and marked an improvement from the upwardly revised July reading of 47.4. However, market participants should remember that consumer confidence is not highly correlated with actual spending.

Despite that consideration, retailers showed steady strength through the entire session. They finished 1.8% higher, led by Big Lots (BIG 25.60, +1.57). The discount retailer reported better-than-expected earnings. Chico's FAS (CHS 12.79, +0.90) also provided support with its own positive earnings surprise. The strength behind retailers helped the consumer discretionary sector finish 1.2% higher, the best of the major sectors in the S&P 500.

In other earnings news, Medtronic (MDT37.86, -0.14) spent the entire session chopping along in negative territory despite posting in-line quarterly earnings. That detracted from the tech sector, which finished just 0.1% higher.

Financial stocks were a primary source of support to the broader market, though. They led gains for virtually the entire session before settling with a 1.1% gain. Bank stocks and shares of insurers underpinned the sector's strength.

Separately, Ben Bernanke has been nominated to a second term as Chairman of the Federal Reserve. His nomination comes as the U.S. economy continues to contend with considerable macro headwinds.

Nasdaq +6.25 at 2024.23... S&P Midcap 400 +0.5... NYSE Adv/Dec 1830/1185... Nasdaq Adv/Dec 1458/1244.


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Weekly & Daily Stock Earnings Calendar:

8/26
TIVO TIVO 8/26 4pm

8/27
American Eagle AEO 8/27 8am
China Sunergy CSUN 8/27 8am
Energy Conversion Devices ENER 8/27 8am
Toll Brothers TOL 8/27 8am

Marvell Technology MRVL 8/27 4pm

8/28
Tiffany & Company TIF 8/28 8am

8/31
Take Two TTWO 8/31 8am

9/01
China Medical CMED 9/01 8am
Edap EDAP 9/01 8am

9/02
Joy Global JOYG 9/02 8am
Zale Corp ZLC 9/02 8am

Hovnanian HOV 9/02 4pm

9/03
Ciena CIEN 9/03 8am



CNBC:













Reuters News:





Wednesday, August 19, 2009

Market update 08/19/09 - Free Stock Market Analysis

Here is the latest trading and free market analysis info on the markets and more...

FYI – I have updated the “My Links” page (above on a3holdings.com) with a great collection of trading links, to help you make a more informed investment or trade.



August 19, 2009 -- 16:20 ET
Moving the Market:
Renewed pressure overseas sends stocks lower in early trade, but broad-based buying lifts stocks midsession. Hewlett-Packard and Deere top earnings estimates.

Sector Watch:
Strong:
broadcasting; oil and gas drillers; diversified metals and miners; oil and gas explorers; general merchandisers; integrated oil and gas companies; cable and satellite.

Weak:
airlines; home entertainment software; retail REITs


Market Events
08/09/09 16:20 ET Dow +61.22 at 9279.16, Nasdaq +13.32 at 1969.24, S&P +6.79 at 996.46:
[BRIEFING.COM] Stocks started the session in the red as participants reacted negatively to further selling pressure overseas, but a jump in oil prices helped the energy sector lead a turnaround that took the broader market to a solid gain above near-term resistance levels. Participation remains unimpressive, though.

The dour mood among global participants left investors unimpressed with better-than-expected earnings from Deere (DE 43.73, -1.36) and Dow component Hewlett-Packard (HPQ 43.83, -0.13) and, instead, focused on Deere's pessimistic outlook and Hewlett-Packard's reaffirmed guidance. While shares of HPQ pared losses, DE spent the entire session markedly lower, which weighed on the industrial sector and left it to finish fractionally lower.

Financials also finished fractionally lower and made up the only other major sector to settle in negative ground.

Comments from renowned investor Warren Buffett in a New York Times article offered a reminder that the U.S. economy is on a slow path to recovery. With that in mind, the mood on trading floors started to change as chatter began to circulate that a second fiscal stimulus plan could be possible, but that was downplayed when a White House spokesman said in a Bloomberg.com article that there is no imminent economic announcement.

However, market participants jumped into the energy sector following news that weekly oil inventories showed a draw of roughly 8.40 million barrels in the face of calls for an inventory build. Oil prices had been down in early pit trade, but settled 4.7% higher at $72.42 per barrel. Energy stocks were able to recover from a loss of roughly 1% to finish with a 1.9% gain, better than any other major sector.

The run up in oil prices helped provide leadership to other commodities, which gave the CRB Commodity Index 1.5% gain -- its best performance in two weeks.

The improved tone among participants helped stocks build on the previous session's gain. In turn, stocks are down less than 1% week-to-date after Monday's 2.4% drop, which marked the stock market's worst single -session percentage loss in six weeks. The back-to-back gains have also taken stocks above near-term resistance levels, which stood just above 990.

Trading volume was exceptionally low again, however. For the second straight session fewer than 1 billion shares exchanged hands on the NYSE, suggesting that there hasn't been much conviction behind the recent moves.

Nasdaq +13.32 at 1969.24... S&P Midcap 400 +0.7... NYSE Adv/Dec 1848/1141... Nasdaq Adv/Dec 1683/928.


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Weekly & Daily Stock Earnings Calendar:

8/18
Home Depot HD 8/18 8am
Solarfun Power SOLF 8/18 8am
Target TGT 8/18 8am

Hewlett Packard HPQ 8/18 4pm

8/19
Deere DE 8/19 8am
Yingli Green Energy YGE 8/19 8am

8/20
Sears Holdings SHLD 8/20 8am

Gap GPS 8/20 4pm

8/26
TIVO TIVO 8/26 4pm


CNBC:














Reuters News:


Market update 08/18/09 - Free Stock Market Analysis

Here is the latest trading and free market analysis info on the markets and more...

FYI – I have updated the “My Links” page (above on a3holdings.com) with a great collection of trading links, to help you make a more informed investment or trade.


CNBC:














Market Events
08/18/09 16:30 ET Dow +82.60 at 9217.94, Nasdaq +25.08 at 1955.92, S&P +9.94 at 989.67:
[BRIEFING.COM] Stocks made a broad-based rebound from the previous session's sharp decline, but there wasn't much conviction behind the advance since trading volume was exceptionally low. What's more, stocks struggled to break above near-term resistance levels.

The major indices got off to a solid start as many buyers looked to capitalize on lower prices following the previous session's loss, which was the worst in six weeks for the S&P 500. That favored financial stocks, which suffered the worst losses in the previous session by dropping more than 4%. Financials led gains by climbing 1.9% this session.

Other buyers were enticed by better-than-expected earnings and an increased outlook from Dow component Home Depot (HD 26.93, +0.82). Target (TGT 44.32, +3.11) also supported a positive bias by unveiling upbeat results, which drove the stock to its best single-session percentage gain since April and led retailers to a 1.8% gain.

Interest among buyers helped stocks shake off news that housing starts and building permits for July came in at a slower-than-expected annualized rate of 581,000 and 560,000, respectively. Though the July figures were above second quarter averages, they seemed to suggest expectations for the economy have become somewhat overextended.

Meanwhile, overall producer prices for July declined 0.9%, which was more than what had been expected. Core prices made a surprise 0.1% decline, which suggests that inflationary pressures remain restricted.

Stocks were able to finish just a few points shy of session highs. Gains were broad with nine of the 10 major sectors closing in positive territory. Health care (-0.1%) logged the only loss after outperforming in the previous session.

Despite the seemingly strong performance, the S&P 500 struggled to sustain any move above the 990 mark, which marks a near-term point of resistance. Instead, the broad-market index spent the entire afternoon dancing along the line.

Trading volume was exceptionally low this session as fewer than 1 billion shares traded hands on the NYSE. That's well below the approximate 1.5 billion shares that have been averaged during the past 200 sessions and the 1.2 billion shares that have been averaged during the past 50 sessions. The lack of participation this session suggests there wasn't much behind Tuesday's advance.

Nasdaq +25.08 at 1955.92... S&P Midcap 400 +1.3... NYSE Adv/Dec 2415/610... Nasdaq Adv/Dec 1949/714.


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Weekly & Daily Stock Earnings Calendar:

8/13
Blockbuster BBI 8/13 4pm
Cardica CRDC 8/13 4pm

8/14
Abercrombie & Fitich ANF 8/14 8am

8/17
Trina Solar TSL 8/17 4pm

8/18
Home Depot HD 8/18 8am
Solarfun Power SOLF 8/18 8am
Target TGT 8/18 8am

Hewlett Packard HPQ 8/18 4pm

8/19
Deere DE 8/19 8am
Yingli Green Energy YGE 8/19 8am


Reuters News:


Monday, August 17, 2009

SPY QQQQ DIA GLD OIL AAPL update 08/17/09 - Free Stock Market Analysis

Here is the latest trading and free market analysis video and/or info on the S&P500 (SPX), SPY, QQQQ, DIA, GLD ETFs and more...

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Needed some time off, but now I'm back!






August 17, 2009 -- 16:25 ET
Moving the Market:
Global indices weighed down by disappointment following smaller-than-expected growth from Japan's economy. NY Manufacturing Index shows first positive reading since April 2008 and strongest reading since November 2007. Fed and Treasury extend TALF.

Sector Watch:
Strong:
managed health care; health care tech

Weak:
Home improvement retailers; automakers; aluminum; diversified metals and miners; broadcasting; steel; multisector holdings; coal and consumable fuel; industrial REITs

Market Events
08/17/09 16:25 ET Dow -186.06 at 9135.34, Nasdaq -54.68 at 1930.84, S&P -24.36 at 979.73:
[BRIEFING.COM] Profit taking in the wake of slower-than-expected economic growth in Japan triggered a global sell-off that sent stocks below their recent trading ranges and handed the major U.S. indices their worst single-session percentage loss in six weeks.

With stocks looking overextended in the near term, overseas participants moved against stocks upon learning that Japan's economy expanded at a slower-than-expected rate of 0.9% in the second quarter. In turn, Japan's Nikkei shed 3.1%, while several other major Asian averages also finished with losses exceeding 3%. Stocks in Europe followed suit, but their decline wasn't quite as sharp. Overall weakness among the major global indices sent the Dow Jones World Index to a 2.9% loss, which is its worst since April. The steep decline comes just one session after the global index registered a high for 2009.

Emboldened sellers pushed the S&P 500 to a considerably lower start, but that was the extent of the session's excitement -- the benchmark index spent the rest of the session trading sideways in an extremely narrow range. One interesting point, though, was that the stock market's pullback didn't bring out any buyers looking to buy the dip as has been the case in recent weeks. The absence of that support left the stock market to fall to its lowest level since July.

All 10 major sectors in the S&P 500 finished lower. Financials suffered the most by dropping 4.3%. Banks were sharply out of favor as diversified banks fell 5.1% and regional banks dropped 5.8%.

Consumer discretionary stocks (-3.2%) also suffered. Broader market weakness, along with an earnings miss and a disappointing forecast from Lowe's (LOW 20.47, -2.36) weighed on the group.

Health care stocks held up rather well, however. The sector actually spent most of the session in the green, but faltered into the close and settled with a fractional loss. Managed health care providers (+2.7%) underpinned the sector's relative strength, thanks to news that President Obama is willing to accept insurance cooperatives instead of a government-run insurance plan.

Even though health care is the third largest sector by market weight in the S&P 500, its relative strength wasn't enough for the broader market, which saw more than 90% of its holdings finish in the red.

The broader market was also unimpressed by news that the Empire State Manufacturing Index posted its first positive reading since April 2008 by coming in at a better-than-expected 12.08. It was also the best reading since November 2007.

Participants were also largely unsurprised by news that the Fed and Treasury opted to extend the Term Asset-backed Securities Lending Facility (TALF) in order to help keep credit and liquidity conditions greased. The announcement, along with broader market weakness, did bolster buying among Treasuries, though. That helped the benchmark 10-year Note climb a robust 28 ticks, which pushed its yield below 3.5% for the first time since July.

Nasdaq -54.68 at 1930.84... S&P Midcap 400 -2.8... NYSE Adv/Dec 336/2728... Nasdaq Adv/Dec 469/2184.


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Weekly & Daily Stock Earnings Calendar:

8/13
Blockbuster BBI 8/13 4pm
Cardica CRDC 8/13 4pm

8/14
Abercrombie & Fitich ANF 8/14 8am

8/17
Trina Solar TSL 8/17 4pm

8/18
Home Depot HD 8/18 8am
Solarfun Power SOLF 8/18 8am
Target TGT 8/18 8am

Hewlett Packard HPQ 8/18 4pm

8/19
Deere DE 8/19 8am
Yingli Green Energy YGE 8/19 8am


CNBC:













Reuters News:







August 14, 2009 -- 16:20 ET
Moving the Market:
July CPI meets expectations. Industrial production increases for the first time this year in July -- the advance was slightly more than expected. Corporate announcements have generally been inconsequential thus far.

Sector Watch:
Strong:
health care facilities; home entertainment software; distillers and vintners

Weak:
building products; airlines; residential REITs; industrial REITs; office REITs; diversified metals and miners; fertilizer and agricultural chemicals; homebuilding


Market Events
08/14/09 16:20 ET Dow -76.79 at 9321.40, Nasdaq -23.83 at 1985.52, S&P -8.64 at 1004.09:
[BRIEFING.COM] A broad-based decline following the latest dose of data resulted in the S&P 500's first weekly decline in five weeks.

There was some modest buying into the close that helped the stock market break out of its narrow afternoon trading range, which spanned just five points, and close above 1000. Still, the extended sideways drift made for an extremely subdued session. Participants showed their lack of interest by trading just over 1 billion shares on the NYSE.

Stocks went on their slide immediately after the University of Michigan's preliminary consumer sentiment survey for August hit news wires just before 10:00 AM ET. The survey's reading retreated to its lowest level since March by coming in at 63.2, which was well below the 69.0 that was widely expected.

July CPI and core CPI were released ahead of the opening bell. They caused little reaction since they were spot on with expectations, which called for a flat reading and a 0.1% monthly increase, respectively.

Industrial production data for July was also released before the session's start. The data showed a slightly stronger-than-expected 0.5% increase, thanks to inventory rebuilding and the reopening of auto plants.

Though losses were broad-based, materials stocks caught the brunt of the selling effort. Their 2.7% loss was the worst of any major sector and it negated the previous session's 2.1% gain.

Retailers also had a weak session. They shed 1.7% following downside guidance from JC Penney (JCP 31.23, -2.11). The dour outlook overshadowed the company's better-than-expected second quarter earnings results. Nordstrom (JWN 27.88, -1.88) shared in the weakness, despite reporting in-line earnings and raising its outlook.

Defensive-oriented stocks outperformed on a relative basis. Health care and telecom both fell just 0.3%, while consumer staples stocks slipped 0.1% and utilities finished just below the unchanged mark.

Financials helped the broader market pare its losses into the close. The financial sector had been down more than 2% at its session low, but finished with a much more modest 0.5% loss. Regional banks (+1.6%) and diversified financial services firms (+0.4%) provided the sector with support.

Despite paring losses in late trade, more than 85% of the components in the S&P 500 finished in the red Friday. That underpinned the stock market's first weekly decline in five weeks, even if it was a relatively tame 0.6%.

Nasdaq -23.83 at 1985.52... S&P Midcap 400 -1.4... NYSE Adv/Dec 859/2159... Nasdaq Adv/Dec 585/2084.

Thursday, August 13, 2009

Market update 08/13/09 - Free Stock Market Analysis

Here is the latest trading and free market analysis info on the markets and more...

FYI – I have updated the “My Links” page (above on a3holdings.com) with a great collection of trading links, to help you make a more informed investment or trade.

Needed some time off from the Blog, but now I'm back!
















August 13, 2009 -- 16:20 ET Dow +36.58 at 9398.19, Nasdaq +10.63 at 2009.35, S&P +6.92 at 1012.75:
Moving the Market:
Wal-Mart beats Street expectations, issues in-line guidance. July advance retail sales disappoint, while import prices slide more than expected in July, and weekly jobless claims climb more than expected, but continuing claims make surprise drop. Business inventories for June retreat more than expected. Auction of 30-year Treasuries shows strong results.

Sector Watch:
Strong:
diversified financial services; diversified metals and mining; gold; advertising; health care tech; oil and gas drillers; regional banks; steel.

Weak:
auto retailers; broadcasting; consumer electronics; publishing and printing; home furnishing; internet retailershotels; trucking.


Market Events:
08/13/09 16:20 ET Dow +36.58 at 9398.19, Nasdaq +10.63 at 2009.35, S&P +6.92 at 1012.75:
[BRIEFING.COM] Unexpected economic growth out of Germany and France helped set a positive tone this morning, but a generally disappointing batch of U.S. economic data undermined the bias, leaving stocks to trade with modest gains for most of the session.

News that the German and French economies both exceeded expectations by posting second quarter growth of 0.3% brought about broad-based buying overseas and propped up U.S. stocks ahead of the opening bell. However, the positive bias was dialed down following news that the latest round of initial jobless claims were greater than expected at 558,000. That hiked the 4-week moving average up to 565,000 from 556,500. Meanwhile, continuing claims made a larger-than-expected retreat to 6.20 million, but the drop is most likely from unemployed workers losing their benefits.

Total retail sales for July made an unexpected 0.1% decline and sales less autos fell a sharper-than-expected 0.6%. That, combined with elevated jobless claims totals, pressured shares of retailers. However, Wal-Mart's (WMT 51.88, +1.37) better-than-expected earnings and outlook provided support to the group and helped it finish 0.3% higher.

With consumers still hesitant to open purse strings, demand for imports remains soft. With that, July import prices fell for their first time since January by declining a steeper-than-expected 0.7% month-over-month. Despite the persistently weak state of things, stocks were able to close near their best levels of the session.

Materials stocks made the best gains, helping the sector advance 2.1%. Steel (+3.0%) and diversified metals and miners players (+4.8%) were underpinned the sector's strength.

Financials were key in the broader market's strong close. The sector tacked on 2.0% amid buying in Bank of America (BAC 17.00, +1.07), which benefited from news that insiders are accumulating positions in the stock and that Paulson & Co. disclosed new positions in the stock. Shares of BAC were among the most active by trading volume this session, though trading volume in the broader market was exceptionally low with fewer than 1 billion shares trading hands on the NYSE.

Defensive-oriented sectors trailed for the entire session. Telecom and utilities both settled 0.2% lower, while health care advanced just 0.1%. Collective weakness among defensive issues actually dragged the broader market into the red in the early going, but buyers quickly stepped in to provide support.

Treasuries made strong gains following a $15 billion auction of 30-year Treasury Bonds. The auction produced a high yield of 4.54% and a bid-to-cover ratio of 2.54, which was above the average of 2.32 for the previous five auctions for 2009. That encouraged enough buying to send the benchmark 10-year Note up nearly one full point and the Note's yield back below 3.6%.

Nasdaq +10.63 at 2009.35... S&P Midcap 400 +0.8... NYSE Adv/Dec 1999/1043... Nasdaq Adv/Dec 1495/1209.


If you find these videos or info to be helpful please Tip or donate - <<<< link on the side >>>>.

We appreciate all donations, please help keep this site free for all to see and profit from. You can also help by checking out the great products and services advertised on this blog or website. Thanks again.

Please Feel free to share this blog with your family and friends, Thanks!

If you would like please comment below.


Weekly & Daily Stock Earnings Calendar:

8/13
Blockbuster BBI 8/13 4pm
Cardica CRDC 8/13 4pm

8/14
Abercrombie & Fitich ANF 8/14 8am

8/17
Trina Solar TSL 8/17 4pm

8/18
Home Depot HD 8/18 8am
Solarfun Power SOLF 8/18 8am
Target TGT 8/18 8am

Hewlett Packard HPQ 8/18 4pm

8/19
Deere DE 8/19 8am
Yingli Green Energy YGE 8/19 8am



Reuters News:

Wednesday, August 5, 2009

Market update Wed. 08/05/09 - Free Stock Market Analysis

Here is the latest trading and free market analysis info on the markets and more...

FYI – I have updated the “My Links” page (above on a3holdings.com) with a great collection of trading links, to help you make a more informed investment or trade.
















August 05, 2009 -- 16:15 ET Dow -39.22 at 9280.97, Nasdaq -18.26 at 1993.05, S&P -2.93 at 1002.75:
Moving the Market:
Financials continue to garner support. ADP Employment Change Report for July shows job losses exceed expectations. ISM Services Index for July falls short of consensus, but factory orders for June make surprise increase. Dow components Procter & Gamble and Kraft top earnings expectations but issue in-line guidance.

Sector Watch:
Strong:
multiline insurers; residential REITs; diversified banks; office REITs; diversified financial services; airlines; consumer finance; diversified REITs

Weak:
photo products; electronic manufacturing services; human resources and employment services; casinos and gaming; electronic components and equipment; distillers and vintners; managed health care; oil and gas equipment

Market Events:
08/05/09 16:15 ET Dow -39.22 at 9280.97, Nasdaq -18.26 at 1993.05, S&P -2.93 at 1002.75:
[BRIEFING.COM] Despite continued strength among financial issues, the major equity averages surrendered

some of their recent gains in the wake of a generally unimpressive batch of economic data.

Financials outperformed the broader market with relative ease for the second straight session. They jumped out to an early gain and were able to remain in positive ground for virtually the entire session before closing with a 3.3% gain. Financials are now up more than 8% this week.

Better-than-expected earnings from Marsh & McLennan (MMC 22.62, +1.12) gave insurers a lift and helped drive short-covering in left-for-dead names like AIG (AIG 22.00, +8.48), but bank stocks provided some of the most support to the broader market. Regional banks advanced 2.9%, diversified banks climbed 5.4%, and diversified financial services stocks (+5.4%) like Bank of America (BAC 16.62, +0.98) and JPMorgan Chase (JPM 41.78, +1.57) bounded.

Materials stocks also garnered support and finished 0.8% higher after spending the middle half of the session in the red. Besides financials, it was the only other sector in the S&P 500 to make a gain. The sector benefited from a rebound in commodity prices, which saw oil prices rebound from a loss of more than 2% to close 0.8% higher at nearly $72 per barrel. Oil prices were initially pressured by a larger-than-expected weekly inventory build of 1.67 million barrels.

Steel stocks (+2.6%) also provided support to the materials sector after AK Steel (AKS 21.92, +0.98) said it would raise prices.

The rest of the stock market struggled for most of the session. Losses were broad-based and considerable as most of the major sectors in the S&P 500 traded at least 1% into the red. Their weakness wasn't necessarily caused by the day's economic data, but the data certainly didn't stir up any support for stocks either.

Released before the opening bell, the latest ADP Employment Report indicated that 371,000 jobs were slashed in July, but that was greater than the 350,000 job losses that had been forecast. Meanwhile, job losses for June were revised lower to reflect 463,000 job cuts. The figures come ahead of the government's nonfarm payrolls report, which is expected to show 328,000 job losses when it is released Friday.

The ADP data was followed by some modest selling pressure in premarket trading, but stocks still started the session flat. Selling pressure intensified ahead of the latest ISM Service Index and factory orders data.

The ISM Services Index for July unexpectedly slipped to 46.4 from 47.0 in June. It was expected to come in at 48.0. The disappointing reading caused participants to generally dismiss the third straight monthly increase in factory orders, which most recently turned 0.4% higher in June.

The broader market did attempt another upward push into the close, but this time the advance was rebuffed. Still, the S&P 500 held above the 1000 mark as its decliners outnumbered its advancing issues by 2-to-1 in relatively high volume. Declining issues outnumbered advancers by more than 2-to-1 in the Dow. Procter & Gamble (PG 53.91, -1.55) was a primary laggard among blue chips, even though the company bested the consensus earnings estimate for the latest quarter. Fellow Dow component Kraft (KFT 28.33, -0.01) also lagged, despite posting a positive earnings surprise.

Nasdaq -18.26 at 1993.05... S&P Midcap 400 -0.3... NYSE Adv/Dec 1388/1640... Nasdaq Adv/Dec 969/1701.

If you find these videos or info to be helpful please Tip or donate - <<<<>>>>.

We appreciate all donations, please help keep this site free for all to see and profit from. You can also help by checking out the great products and services advertised on this blog or website. Thanks again.

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If you would like please comment below.

Weekly & Daily Stock Earnings Calendar:

Chevron CVX 7/31 8am
Dryships DRYS 7/31 8am

Chesapeake Energy CHK 8/03 4pm

UBS UBS 8/04 8am

Electronic Arts ERTS 8/04 4pm

Devon Energy DVN 8/05 8am

Cisco Systems CSCO 8/05 4pm

Sirius XM Radio SIRI 8/06 8am

August 04, 2009 -- 16:30 ET Dow +33.63 at 9320.19, Nasdaq +2.70 at 2011.31, S&P +3.02 at 1005.65:
Moving the Market:
Financials show considerable strength. Personal income for June falls more than expected, but spending makes a slightly stronger increase than expected. Pending home sales for June climb more than expected

Sector Watch:
Strong:
photo products; IT consulting and services; casinos and gaming; residential REITs; industrial REITs; building products; office REITs; construction materials; soft drinks

Weak:
homebuilding; electric utilities; agricultural products; forest products; oil and gas drillers; auto
retailers; publishing and printing

Market Events
08/04/09 16:30 ET Dow +33.63 at 9320.19, Nasdaq +2.70 at 2011.31, S&P +3.02 at 1005.65:
[BRIEFING.COM] A surprisingly strong increase in pending home sales and considerable strength in the financial sector struggled to prop up stocks and keep choppy trading at bay, but a late move by buyers made for a strong finish.

Stocks started the session in negative territory as participants were left largely unimpressed by the latest batch of earnings announcements, which didn't contain any real market movers. News that June personal income fell a larger-than-expected 1.3% and June spending made a generally in-line 0.4% increase also failed to stir action.

However, a much better-than-expected monthly increase of 3.6% for June bounced stocks off of morning lows. The move proved unsustainable, but financials emerged to provide support to the broader market.

Financials stocks were down more than 1% in the early going, but rebounded to settle with an 2.1% gain, just shy of their session high. There wasn't any particular catalyst to account for the sharp reversal from red to green other than momentum buying. That momentum helped carry the major indices into positive territory midsession.

Despite leadership from the financial sector, the broader market was unable to break free from its fit of choppiness. Still, the apparent instability couldn't disrupt a strong advance into the close that gave stocks their fourth straight advance.

The stock market's latest winning streak has only added to an already impressive run that has stocks up nearly 15% in just over three weeks. Such a strong move has many calling for a pullback, but buyers remain in control.

Amid an increased willingness to move into stocks and take on risk, small-caps in the Russell 2000 and mid-caps in the S&P 400 outperformed the headline indices this session. Small- and mid-caps tacked on 0.9% and 0.8%, respectively.

Meanwhile, Treasuries fell out of favor after starting the session in higher ground. The benchmark 10-year Note shed some 12 ticks, which pushed its yield back toward 3.7%. The yield had been above 3.7% midway through the session.

Nasdaq +2.70 at 2011.31... S&P Midcap 400 +0.8... NYSE Adv/Dec 1851/1168... Nasdaq Adv/Dec 1509/1153.



08/03/09 16:15 ET Dow +114.95 at 9286.56, Nasdaq +30.11 at 2008.61, S&P +15.15 at 1002.61:
[BRIEFING.COM] Better-than-expected economic data helped to bring about broad-based buying, which took the S&P 500 to fresh highs for the year and helped it close above the psychologically significant 1000 mark for the first time since November.

The ISM Manufacturing Index made its seventh straight increase by coming in at 48.9 for June. While the sub-50 reading still connotes contraction in the manufacturing sector, the reading was still better than what had been expected.

Construction spending data for June made a surprise 0.3% increase. It was expected to fall 0.5%. The data was released at the same time as the ISM, so the pair of pleasing reports helped to fend off an early challenge from sellers, who had actually halved the stock market's opening gains.

Emboldened buyers helped to prop up the broader market, but materials stocks provided the most leadership and saw the richest gains. The sector's 3.5% advance was helped along by a sharp rise in steel stocks (+6.5%) and diversified metals and mining stocks (+8.0%).

Sharply higher commodity prices provided a catalyst for the run by basic materials stocks. The CRB Commodity Index spiked 3.4% and is now up more than 9% during the course of the past three sessions. A weaker dollar helped the case for commodities.

Oil prices jumped 3.0% to $71.53 per barrel. That's the highest price for oil in one month. Energy stocks responded by jumping 2.3%.

Financial stocks also saw solid buying interest. They finished 2.7% higher and were early leaders in the broader market, thanks to encouraging midyear reports from Barclays (BCS 22.15, +1.61) and HSBC (HBC 54.50, +3.80). Both banks provided leadership to the European bourses.

Earnings announcements didn't have much of an impact on trading this session, mostly because many bellwethers have already reported. Nonetheless, Humana (HUM 33.76, +0.91) reported an upside earnings surprise, but that wasn't enough to lift other managed care providers (-0.6%).

In other corporate news, Ford (F 8.33, +0.33) reported its first uptick in monthly sales results since 2007 by registering a 2.3% increase in June.

Treasuries were under pressure for the entire session. The benchmark 10-year Note shed more than a full point to put its yield above 3.6%.

Nasdaq +30.11 at 2008.61... S&P Midcap 400 +2.1... NYSE Adv/Dec 2542/522... Nasdaq Adv/Dec 1880/791.

July 31, 2009 -- 16:30 ET Dow +17.15 at 9171.61, Nasdaq -5.80 at 1978.50, S&P +0.73 at 987.48:
Moving the Market:
Q2 GDP falls less-than-expected at annualized rate of 1.0% (consensus -1.5%); but personal consumption falls at worse-than-expected annualized rate of 1.2% (consensus -0.5%)

Sector Watch:
Strong:
Auto mfg; auto components; real estate devp; building products; metals & mining; div financial services; household durables; industrial conglomerates; airlines; healthcare tech

Weak:
professional services; biotech; office electronics; media; life sciences; multi-utilities; gas utilities;
electric equip

Market Events
07/31/09 16:30 ET Dow +17.15 at 9171.61, Nasdaq -5.80 at 1978.50, S&P +0.73 at 987.48:
[BRIEFING.COM] Most of the excitement in Friday's trade occurred before the open as market participants awaited and reacted to a mixed Q2 GDP reading, as the major indices stuck to a slight trading range throughout the session and settled near the unchanged mark.

The advance Q2 GDP report showed the economy contracted at an annualized rate of -1.0%, marking the fourth consecutive quarter of decline. That was much improved from a downwardly revised -6.4% (from -5.5%) in the first quarter and it was also better than the expected -1.5% decline.

Personal consumption expenditures, which are the main driver of the economy, fell at an annualized rate of -1.2%. This was worse than the expected decline of 0.5%.

The market's reaction to the report in premarket trading was negative, with S&P 500 futures losing around 10 points. But the market managed to open nearly unchanged, and traded in a range-bound fashion throughout the session.

In the end, five of the ten sectors advanced, led by materials (+0.9%) as commodity prices rose. The utilities sector underperformed with a loss of 1.1%.

In corporate news, Ford (F 8.00, +0.61 ) got a lift on early reports that on word that the "cash-for-clunkers" programs could get $2 billion in additional funding through Sept. 2010, which the House of Representatives passed later in the afternoon. The move comes after the original program's budget of $1 billion may have been used in less than a month.

Walt Disney (DIS 25.12, -1.10) fell 4.2%. The company reported nearly in-line EPS, but its revenue dropped by a larger-than-expected 6.9% year-over-year.

Chevron (CVX 69.47, +1.77) this morning reported Q2 EPS of $0.87, which missed the consensus of $0.95.

Net income dropped 71% year-over-year due to the sharp decline in oil and natural gas prices.

In commodity trading, oil and precious metals closed significantly higher, benefiting from a 1.2% decline in the Dollar Index. Gold futures rose 2.0% to $954.00 per ounce and oil futures climbed up 3.3% to $69.15 per barrel.

The dollar's decline comes despite strength in the long end of the Treasury curve, with the 10-year note advancing a point and the 30-year bond up nearly two points.

The S&P 500 surged 7.4% in July, marking the fifth consecutive monthly gain.

Nasdaq -5.80 at 1978.50... NYSE Adv/Dec 1879/1137... Nasdaq Adv/Dec 1282/1356.