Market Update

Apple and Google Lead Tech Rally

123jump.com Staff
30 Nov, -0001
New York City

Apple shares trade higher on news of talks with Intel to use chips for Apple products. Several tech and Internet stocks trade higher in the morning rally. Tuesday Fed releases its May 3rd minutes of meeting transcript and NAR releases existing home sales. On earnings watch Costco, AutoZone, Petco, Boeing, Toll Brothers, Medtronics are scheduled this week.

Earnings and Data on Economy to Dominate

123jump.com Staff
30 Nov, -0001
New York City

Tuesday Fed releases its May 3rd minutes of meeting transcript and NAR releases existing home sales and on Thursday Commerce Department is to release 2Q GDP estimate and April durable orders. Campbell Soup, Costco, AutoZone, Petco, Boeing, Toll Brothers, Medtronics earnings will be watched by market.

Light Trading Lead Markets Sideways

123jump.com Staff
30 Nov, -0001
New York City

After a week of 3% gain, traders are taking profit before the weekend. The light trading in equity markets, oil and metals markets are taking fewer stocks higher in the morning trading. Maytag bonds may be downgraded. Taiwan, Korea, Mexico, and France are already feeling the heat of oil price spike and lowering their GDP forecast and market expects UK to do so soon. Dollar is attempting to rally after three long years of bear market.

Lackluster Market on a Quiet Day

123jump.com Staff
30 Nov, -0001
New York City

After a week of 3% gain, traders are taking profit before the weekend. The light trading in equity markets, oil and metals markets are taking fewer stocks higher in the morning trading. Taiwan, Korea, Mexico, and France are already feeling the heat of oil price spike and lowering their GDP forecasts and market expects UK to join. Dollar is attempting to rally after three years of bear market.

Retails and Techs are Driving Markets Lower

123jump.com Staff
30 Nov, -0001
New York City

After a week of 3% gain, traders are taking profit before the weekend. The light trading in equity markets, oil and metals markets are taking fewer stocks higher in the morning trading. Taiwan and Korea are already feeling the heat of oil price spike and lowering their GDP forecast and UK may do so soon.

Retailers and Tech Drive Markets Lower

123jump.com Staff
30 Nov, -0001
New York City

After a week of 3% gain, traders are taking profit before the weekend. The light trading in equity markets, oil and metals markets are taking fewer stocks higher in the morning trading. Taiwan and Korea are already feeling the heat of oil price spike and lowering their GDP forecast and UK may do so soon. Paper pulp prices are trading higher on the third day of national strike in Finland.

Retailers Drive Higher

123jump.com Staff
30 Nov, -0001
New York City

After three days of advance, the market was in a quite mood. On a day when few earnings are reported fewer stocks are trading up. Tech stocks are trading higher on Motorola announcing to buy-back up to $4B of stocks. Most retailers reporting earnings traded better than 4%. Casinos stocks and shares of Apple, Yahoo and Pixar traded up more than 2%. Wal-Mart is conceding that it is better to have Netflix run its online DVD rental business, in the morning Netflix soared by 15% closing up 4%.

Techs Lead Market Higher

123jump.com Staff
30 Nov, -0001
New York City

After three days of advance, the market is in a quite moods. On a day when only few earnings are reported fewer stocks are trading up. Tech stocks are trading higher on Motorola announcing to buy-back up to $4B of stocks. Apple, Google, Yahoo and Pixar are trading up more than 2%. Wal-Mart is conceding that it is better to have Netflix run its online DVD rental business.

Earnings support few stocks

123jump.com Staff
30 Nov, -0001
New York City

After three days of advance,the market is in a quite moods. On a day when only few earnings are reported fewer stocks are trading up. Tech stocks are trading higher on Motorola announcing to buy-back up to $4B of stocks. Wal-Mart is conceding that it is better to have Netflix run its online DVD rental business.

Markets Rallies on Lower Inflation Expectations

123jump.com Staff
30 Nov, -0001
New York City

While April CPI of 0.5% was higher than 0.4% estimates the flat core CPI brought buyers to the market. Home builders such as Toll Brothers, Hovnaian, Lennar and Beazer registered better than 6% gains. Retailers continue to deliver positive reports, ANF, Talbots, Nordstrom delivered better-than-expected but Borders Group, Hancock Fabric disappointed. Yum jumped by 2% and Borders disappointed market with a quarterly loss.

Fall in Oil and Core CPI Drive Market Higher

123jump.com Staff
30 Nov, -0001
New York City

While April CPI of 0.5% was higher than 0.4% estimates the flat core CPI brought buyers to the market. Home builders such as Toll Brothers, Hovnaian, Lennar and Beazer registered better than 4% gains. Retailers continue to deliver positive reports, ANF, Talbots,NordStrom delivered better-than-expected but Borders Group, Hancock Fabric disappointed. Yum jumped by 2% and Borders disappointed market with a quarterly loss.

Market Rallies on Core CPI Flat Report

123jump.com Staff
30 Nov, -0001
New York City

While April CPI of 0.5% was higher than 0.4% estimates the flat core CPI brought buyers to the market. Home builders such as Toll Brothers, Hovnaian, Lennar and Beazer registered early gains. Retailers continue to deliver positive reports, ANF, Talbots,NordStrom delivered better-than-expected but Borders Group, Hancock Fabric disappointed. Yum jumped by 2% and Borders disappointed market with a quarterly loss.

Markets Shoot Up

123jump.com Staff
30 Nov, -0001
New York City

Market averages trade higher as fears of inflation ease and oil remains steady and near three-month low. White House and Treasury icrease pressure on China to revalue the currency. Shares of Home Depot, JC Penney, Staples, Big Lot, and TJX charge higher on positive earnings report, but shares of Mother Works, Zales, Saks, Corning and Jabil Circuit decline. Deere and Home Depot lead the market rally.

Market Turns Positive for Now

123jump.com Staff
30 Nov, -0001
New York City

Market averages trade higher as fears of inflation ease and oil remains steady and near three-month low. Shares of Home Depot, JC Penney, Staples, Big Lot, and TJX charges higher on posotive earnings report, but shares of Mother Works, Zales, Saks, Corning and Jabil Circuit decline. Deere and Home Depot lead the market rally. Casino and consumer staples trade up whereas techs suffer mild losses.

Market Sell-off Broadens

123jump.com Staff
30 Nov, -0001
New York City

Major averages continue to trade downwards with Nasdaq trading near day's low. The rally in select retail stocks continue supported by earnings. Shares of Deere and home Depot are trading better than 3% for the session.