September 2009
25 posts
Morning Market Report (September 28, 2009) →
MONDAY SEPT 28 2009 MARKET UPDATE 2009-09-28 Stocks are indicated higher with DJIA futures up 11 to 9,630 and S&P futures up 1.4 points to 1,042.50 after news that Xerox (XRX) woudld buy ACS…
Zecco Morning Reports (September 25, 2009) →
SEPT 25 2009 MARKET UPDATE 2009-09-25 Stocks are indicated slighly higher with DJIA futures up 12 points and S&P futures up 2.4 points. The US market is anticipating the pricing of Shanda Games, the…
I'm Down With SEC →
It looks like the SEC is beginning to take a much stronger and more pro-investor stance in the wake of several recent financial scandals. Last Thursday, the agency took two important steps towards…
Breakfast Bell By Zecco (September 24,2009) →
MARKET UPDATE 2009-09-24 After yesterday’s FOMC decision on rates, Stocks are indicating slightly higher for the US open. European equity markets were mixed with the FTSE off .6%, the DAX down 1.1%…
Breakfast Bell by Zecco (SEPT 23 2009) →
MARKET UPDATE Today is going to hinge off of two issues, follow-on trading of the financial stocks and the reaction to the FOMC commentary after its 2:15 PM EST decision on interest rates. A rate…
Zecco Breakfast Bell (SEPT 21 ) →
PRE-MARKET UPDATE Stocks are getting hit this morning. Japan is closed for a holiday through Wednesday, but most international markets were lower by close to 1%. DJIA futures are down 0.7% and S&P…
Breakfast Bell by Zecco (SEPT 22, 2009) →
PRE-MARKET UPDATE Stocks are recovering this morning as the DJIA futures were up 0.8% and S&P futures were up 0.7% in early trading indications. European markets were all higher as well with the…
Gold Rush →
Last week gold rose above $1000 and the financial commentators let out a big “uh-oh.” Gold has risen above $1000 a few times recently and each time it’s been tied to insecurity in the market and…
Breakfast Bell by Zecco (SEPT 18, 2009) →
MARKET UPDATE Stocks are flat and taking a breather. Be advised that today is a quadruple-witching day for options expiration, and to throw a wrench in the machine this is also the start of Rosh…
Zecco Breakfast Bell (Sept. 16, 2009) →
MARKET UPDATE Stocks are positive again this morning on the heels of Bernanke declaring the recession over. The DJIA futures are up almost 1% and S&P500 futures are up 0.5%. Late morning in Europe:…
Zecco Breakfast Bell (SEPT 17 2009) →
MARKET UPDATE Stocks are mostly positive… again. The DJIA futures are up almost 0.1% and S&P500 futures are up 0.1%. Late morning in Europe: FTSE was +0.8%, CAC was +0.6%, and DAX was +0.7%. Asia…
Breakfast Bell by Zecco (Sept. 15, 2009) →
MARKET UPDATE Stocks are mixed today ahead of retail sales data and CPI. The DJIA futures are up 0.4% and S&P500 futures are down about 0.2%. Late morning in Europe: FTSE was flat, CAC was -0.1%,…
Back to School →
The other day I dropped my five-year-old son Max off for his first day of Kindergarten at our local public school. I must say it was a really emotional moment for me. Watching him stand in line,…
Zecco Breakfast Bell (Sept. 14 2009) →
MARKET UPDATE Stocks are down on some fears about an Asian Trade War with China after the Obama administration implemented tariffs against tires made in China. The DJIA and S&P500 futures are down…
Zecco Breakfast Bell (September 11, 2009) →
MARKET UPDATE Stocks are flat this morning after five straight days of trading higher. The DJIA and S&P500 futures are trading flat, while Europe was higher with the FTSE up 0.7%, the DAX up 0.6%…
Breakfast Bell by Zecco (SEPT 10 2009) →
Stocks are basically flat after the Bank of England kept rates steady at 0.5%. Both the DJIA and S&P futures are effectively flat. Nikkei was +1.95%, Hang Seng was +1.05%, and Shanghai was down…
Breakfast Bell by Zecco (9-9-9) →
MARKET UPDATE Stocks are trading higher in the US, but only by the hair on the chin. S&P futures were up 1 point while the DJIA futures were up a whole 5 points. Be advised that this is an…
Zecco Breakfast Bell (SEPT 8 2009) →
MARKET UPDATE Stocks are firm after a long 3-day weekend. DJIA futures are indicated up 80 points while S&P futures are indicated up about 7 points. Germany’s DAX rose 0.4%, Britain’s FTSE 100 rose…
Bullish on Big Banks →
Bank stocks surged last week led by huge trading volume of four big banks— Fannie Mae , Freddy Mac , Citigroup and Bank of America . In fact, on Tuesday of last week, these four behemoths made up 40%…
Zecco Breakfast Bell (SEPT. 4, 2009) →
MARKET UPDATE Stocks are firm ahead of the umeployment and non-farm payrolls data, but this number is going to be the entire direction-maker of the day. Today’s volume will also peter out shortly…
Zecco Breakfast Bell (SEPT. 3, 2009) →
PRE-MARKET UPDATE Stocks have firmed with DJIA futures up 40 points and S&P futures up 5 points. This is on the heels of a firming overseas. Asia was mixed with Japan down 0.6% and Hong Kong up…
Zecco Breakfast Bell (SEPT. 1, 2009) →
PRE-MARKET UPDATE Stocks are indicated lower all over again…. DJIA and S&P futures are down over 0.5% after European markets took a tumble in excess of 1% in late-morning European trading…
Breakfast Bell by Zecco (SEPT 2, 2009) →
MARKET UPDATE Stocks are stabilized this morning, alkthough without any serious bounce after two days of selling. In early trading we have both S&P and DJIA futures indicated down about 0.1%. This…