Posted on Wednesday the 19th of August 2009 at 23:41 by LtPinback
A gap down at the opening that was quickly closed to the previous day’s close followed by a bit of flagging and another sudden leg up followed by more flagging into the close. Volume was dismal.
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The market responded favourably to a surprising drop in crude oil stockpiles that might suggest an improving demand outlook.
Posted on Tuesday the 18th of August 2009 at 23:07 by LtPinback
Flat opening and a slow uptrend. Volume was dismal.
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Results at consumer giants Home Depot Inc (HD), Target Corp (TGT) and upscale department store operator Saks Inc (SKS) were helped by cost-cutting as revenue growth remained slack.
The earnings reports offset an unexpected drop in housing starts and permits in July.
Posted on Monday the 17th of August 2009 at 22:38 by LtPinback
Huge gap down and tight range trading all day. Volume was well below average.
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Japan’s gross domestic product showed its economy pulled out of recession in the second quarter, but at a slower pace than expected, prompting a sell-off in major Asian markets that spilled over into Europe and North America. In the U.S. Lowe’s Companies [...]
Posted on Friday the 14th of August 2009 at 22:56 by LtPinback
Posted on Thursday the 13th of August 2009 at 22:53 by LtPinback
