Newsflash

Aoccdrnig to a rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae we do not raed ervey lteter by itslef but the wrod as a wlohe.
 
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Stock Market October 9, 2009 PDF Print E-mail
Written by Administrator   
Friday, 09 October 2009
This week ended with all indexes up. Dow 9864.94, S&P500 1071.49, and the Nasdaq closed at 2139.28. Oil closed around $71.77 and the 10yr Treasury move up to 3.38% from around 3.18% earlier this week.


Next week is a big earnings week.

On Tuesday, Intel (INTC) estimates are around $0.27, Johnson & Johnson (JNJ) estimates show $1.13.


Wednesday JP Morgan (JPM) is expected to report $0.49 and Xilinx estimates are for $0.22.


Thursday is a big earnings day for sure. AdvancedMicroDevices (AMD) - $0.42, Baxter (BAX) - $0.97, Citigroup (C) -$0.21, Cypress - $0.06, Google (GOOG) - $5.36, Harley-Davidson (HOG) - $0.21, IBM (IBM) - $2.38 and Nokia (NOK) - $0.18 .


Finally, on Friday General Electric (GE) estmates are for $0.20 and Bank of America (BAC) $0.06


Jim Cramer's speculation stock for this week is Novellus (NVLS) -remember, do your homework!
Last Updated ( Friday, 09 October 2009 )
 
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