Daily Stock Report for Friday Morning, April 23, 2010 pt2Summary OpinionAll of the major indexes have surpassed the January highs and has resumed its bull market run that started over a year ago on March 10, 2009. Our current assumption is the bull run should continue to make higher highs after any pullbacks. Calendar (All Eastern times)Monday, 1000am, Leading Indicators, 1.0%Wednesday, 1030am, Crude Oil Inventories, -2.2MThursday, 830am,...more
Daily Stock Report for Monday Morning, April 26, 2010 pt1The US stock markets ended up again on Friday for the five out of five days this last week and an 8th straight week of gains. The net gain for the Dow30 this week was 1.68%, 0.63% coming from Fridays session. The Nasdaq Composite closed up 1.97% for the week and 0.44% on Friday; the S&P 500 was up 2.11% for the week and 0.71% on Friday but as usual, the Russell 2000 was the biggest...more
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Jamie Dimon, Chief Executive of JPMorgan, the regular loan company which is second-greatest in the United States when ranked by premises, talked about these days that an on-going investigation of banks' foreclosures practices could be an obstacle to...more
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