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VerySmartInvesting

This blog gives investors more financial information for very smart investing!
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Markets sell off after Federal Reserve holds rates low

Nov 4, 2009
Stocks liked what they heard from the Federal Reserve about keeping rates low. But in the last hour sellers returned, pretty much wiping out early gains (shown in the Bigcharts widget on the right). The Dow gained only 30, advancers over decliners 4-3...

Higher markets on prospects Federal Reserve will keep interest rates low

Nov 4, 2009
Stocks started strong & continued higher. Dow was up 118, advancers over decliners 4-1 & NAZ gained 17. Banks are doing well (although slipping in the last hour). The Financial index is still at the low end of its trading range (190-210) for the...

Markets hang on to some of early gains

Nov 2, 2009
Dow had been up 100, pulled back & a late day rally brought the gain back to 76. Breadth slipped as decliners & advancers were about equal while NAZ was up 4. None of the Dow stocks managed a $1 gain. Banks started strong followed by selling. Late day...

Stocks rise on encouraging manufacturing and housing data

Nov 2, 2009
Markets got off to a good start & continue with solid gains. Dow is up 108, advancers ahead of decliner 3-1 & NAZ rose 14. As expected, banks are having a good day, but the Financial Index is near the low end of its range for the last few...

Markets plunge on worries about consumers supporting a recovery

Oct 30, 2009
Stocks sank on the opening & it was downhill from there. The Dow sold off 250 (ending near its lows), decliners over advancers 5-1 & NAZ dropped 52. Banks led the selling, but the selling was widespread, affecting just about all industries. The...


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