28-day sector rotation, commodity & index update

2010-03-19T19:15:39Z

<div id="subtitle">Stock markets overbought; likely to trade sideways for the year</div><div><p>Earlier this week I noticed a pattern in the market throughout an entire trading session that has inspired me to write a short piece on sector rotation. </p><p>On Tuesday March 16th, my quote screen was flashing green as sectors reached new intraday highs or 52-week highs. The interesting part was that every sector that was flashing green happened to be in sectors t...

Stockhouse @ the Bell: Market reaction mixed after soft economic data

2010-03-19T19:15:30Z

<div id="subtitle">The Dow made it eight winning sessions in a row, while the broader S&P500 were down Thursday. In Toronto, most stocks were in the red except for information technology.</div><div><p>Today on Stockhouse </p><p>Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here. </p><p>Thom Calandra's Ticker Trax s...

Stockhouse @ the Bell: Big fat Greek worries weigh on stocks

2010-03-19T19:15:16Z

<div id="subtitle">North American stock markets fell Friday as the Greek financial crisis pushed the U.S. dollar higher, which lead to lower prices for commodities.</div><div><p>Today on Stockhouse </p><p>Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here. </p><p>James Turk of SAN FRANCISCO (Reuters) - Wal-Mart Stores Inc will cut food prices and mount a new ad campaign over the next six weeks, a threat to other U.S. grocers that sent an industry shares index down more than 2 percent on Friday.</...

Palm, Boeing, Lions Gate, Lloyds are big movers

2010-03-19T13:45:55Z

<div id="subtitle">Palm, Boeing, Lions Gate, Lloyds, Weatherford, SunPower among big market movers Friday</div><div><p>Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and

Stabilizing stock market giving IPOs a boost

2010-03-19T13:00:37Z

<div id="subtitle">More companies line up to go public as stock market stabilizes, giving IPOs a boost</div><div><p>The IPO market is set for its busiest week in more than two years as a steadier stock market and the success of one deal is encouraging more companies to sell shares to the public.</p><p>Companies planning initial public offerings have had a rough time this year as turbulent stock markets sapped investors' appetite for risk. Wary buyers demanded ...

Boeing speeds production boosts on market outlook

2010-03-19T11:17:34Z

<div><p>CHICAGO (Reuters) - Boeing Co <BA.N> said on Friday it will accelerate planned increases in production of two of its popular wide-body planes to accommodate heightened demand from airlines that had curbed orders in the last two years because of the economic crisis.</p><p>The improv...

Lloyds predicts return to profit in 2010

2010-03-19T11:16:41Z

<div><p>Partly-nationalised Lloyds Banking Group forecast on Friday that it will return to profitability in 2010 and reported strong trade in the first few months of the year.</p><p>"In the first 10 weeks of 2010, the group's trading performance has been strong and we are pleased with the group's performance against each area of recent guidance," Lloyds said in a trading update.</p><p...

Corrected: Dow gains on Boeing strength, S&P dips

2010-03-19T08:16:49Z

<div><p>Removes reference in 9th paragraph to FedEx being the largest package shipping company</p><p>By Ryan Vlastelica</p><p>NEW YORK (Reuters) - The Dow industrials rose on Thursday on Europe's main stock markets advanced on Friday, with London boosted by British state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.</p><p>In late morning trade, London's benchmark FTSE 100 index gained 0.63 percent to 5,678.21 points, the FTSE 100 index of top shares gained 0.63 percent to 5,678.21 points in late morning trade.</p><p>"A bullish statement from Lloyds regarding a speedy return to profitability is helping drive renewed confidence in the banking sector," sai...

Lloyds says to return to profit this year

2010-03-19T05:01:02Z

<div><p>LONDON (Reuters) - Bailed out British lender Lloyds Banking Group <LLOY.L> said on Friday it would return to profit this year thanks to a bigger than expected drop in bad debts, wrong-footing forecasts for another loss and sending its shares sharply higher.</p><p>Lloyds, which sank 6.3 billion pounds ($9.63...

London shares rise at open

2010-03-19T03:16:13Z

<div><p>Leading shares rose in opening deals on Friday, following strong overnight performances in Asia and mixed results on Wall Street.</p><p>The FTSE 100 index of top shares was up 0.32 percent at 5,660.44 points at the open.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=72050055&b...

Stockhouse @ the Bell: Blue chips lead stocks higher…again

2010-03-18T19:15:12Z

<div id="subtitle">The Dow was higher for the seventh consecutive session for the first time since August. On Bay Street, energy issues helped counter weak gold and bank stocks.</div><div><p>Today on Stockhouse </p><p>Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here. </p><p>Martin Hutchinson lists some of the many ...

Summary Box: Dow posts 8th gain on mixed data

2010-03-18T15:15:19Z

<div id="subtitle">Summary Box: Stock market ends mixed on uneven economic numbers; Dow advances for 8th day</div><div><p>DOW EXTENDS ITS RUN: The Dow Jones industrial average rose for the eighth straight day, its longest streak of gains since August.</p><p>A SLOW REBOUND: The Labor Department reported that inflation remains subdued but that jobless claims fell only slightl...

FTSE 100 shares in the red

2010-03-18T11:16:11Z

<div><p>FTSE 100 shares ended in the red at the close of trade on Thursday as investors took profits and digested economic data including a larger-than-expected eurozone trade deficit.</p><p>London's benchmark index slipped 0.04 percent to close at 5,642.62 points.</p><p>Lloyds...

European equities stumble on profit-taking

2010-03-18T09:16:30Z

<div><p>Europe's main stock markets stumbled on Thursday as investors took profits and digested economic data including a larger-than-expected eurozone trade deficit, dealers said.</p><p>In late morning European trade, London's benchmark FTSE 100 index gaine...

Leading indicators rise more slowly in February

2010-03-18T07:45:21Z

<div id="subtitle">Leading indicators rise 0.1 percent in February, the smallest increase in 11 months</div><div><p>A gauge of future economic activity rose 0.1 percent in February, suggesting slow economic growth this summer.</p><p>The slim rise in the Conference Board's index of leading economic indicators was the smallest gain in 11 months. It matched expectations of economists polled by Dow Jones industrial average rose to its highest level of the year.</p><p>Investors are heading into Thursday trading tentatively after Greece said it might nee...

FTSE 100 stocks dip at open

2010-03-18T04:15:33Z

<div><p>Leading shares dipped at the open on Thursday as profit-takers moved to cash in on the previous day's gains.</p><p>The FTSE 100 index of top shares was down 0.40 percent at 5,621.97 points.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=71988662&bid=informcom" /></div><div id="copyright"><div> Copyright 2010 <a href="http://www.afp.com/e...

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