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26 Jan 2011 10:25

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Biz: Dow Jones touches 12,000 again, analysts dancing in the streets

  • 12k the level the Dow Jones Industrial touched today – for the first time since June 2008
  • 24% the amount the stock market has gone up in the last seven months alone (wow)
  • 83% the amount it’s jumped since we hit rock bottom in March 2009 – so are we fully rehabbed? source
Posted by Ernie Smith • 0 Comments • Permalink

31 Dec 2010 22:07

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Biz: Rough-and-tumble year for stocks ends on the upswing

  • 11% jump in the up-and-down stock market in 2010 source
Posted by Ernie Smith • 0 Comments • Permalink

04 Nov 2010 20:39

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Biz: Stock market really likes Federal Reserve’s stimulus plan

  • 11,434 the Dow Jones Industrial’s close today, the highest close of the entire year so far
  • 1.96% the leap the Dow made in reaction to the Federal Reserve’s $600 billion money bomb announcement source
  • » The most impressive part: This is the highest that the Dow has closed since September of 2008, just before Lehman Brothers collapsed and turned the stock market into a shell of its former self. Alright, great. Now when are these largely rehabilitated firms going to start hiring some people back so everyone else can feel the economic recovery?
Posted by Ernie Smith • 0 Comments • Permalink

05 Oct 2010 20:10

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Biz: Hey, stocks had their first really good day in a long while

  • 10,944 the Dow’s close at the end of today – after a huge gain
  • 11,151 the Dow’s close on May 3, the last time it was this high source
Posted by Ernie Smith • 0 Comments • Permalink

11 Aug 2010 21:57

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Biz: Increased trade deficit + nervous investors = SELL! SELL! SELL!

  • 18.8% increase in the trade deficit, to $49.9 billion
  • 2.5% decrease in the Dow because of this news
  • 2.8% fall in the S&P 500 for the same reason
  • 3% dip in the Nasdaq today; sigh source
Posted by Ernie Smith • 0 Comments • Permalink

20 May 2010 20:04

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Biz: Stocks are in an even bigger correction mode than Rand Paul

  • 376 the Dow Jones’s loss today, the biggest this year source
  • » Is it a correction? Yes, yes it is. The Dow has fallen 10 percent since its April highs, meaning, by any technical definition, that it’s a correction. source
Posted by Ernie Smith • 0 Comments • Permalink

10 May 2010 10:50

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Biz: Europe’s debt response gave U.S. stocks the bounceback they needed

  • 3.6% the current increase for the Dow Jones Industrial
  • 3.98% the boost for the S&P 500 thanks to Europe’s debt crisis response
  • 4.29% the current increase for the Nasdaq; this matches global markets source
Posted by Ernie Smith • 0 Comments • Permalink
 

10 May 2010 09:59

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Biz: How Thursday’s “flash crash” might have happened

  • one A bunch of sell
    requests went in
    all at once. These trades were made automatically using computers.
  • two The older New York
    Stock Exchange’s
    circuit breaker went
    off – an automated
    attempt to cool off
    the market.
  • three The computers
    didn’t understand
    this, and totally
    freaked out
    because of the
    lack of buyers.
  • four The stock market
    “flash crash” sped
    up. In other words,
    one system didn’t
    understand the
    other. source
Posted by Ernie Smith • 0 Comments • Permalink

06 May 2010 20:29

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Biz: A traders’ whodunit; which idiot #(&@(* up the stock market?

  • what In a five-minute period,
    the Dow Jones Industrial
    went down by nearly a
    thousand points.
  • why It’s been suggested that
    a trader hit the wrong
    button and sold WAAAY
    too many stocks.
  • who Good question; some are
    pointing the finger at
    Citigroup, but whoever it
    was is fired. source
Posted by Ernie Smith • 0 Comments • Permalink

04 May 2010 22:52

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Biz: The Dow lost a big chunk of its recent winning streak today

  • 15% amount the Dow gained over an eight-week period until last week
  • 2% amount the Dow lost over an eight-hour period earlier today source
  • » Why the slide? Investors are looking at Greece’s massive debt problems and seeing the possibility that this could happen in the U.S. and other countries. Dudes are getting nervous.
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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