Quantcast
 
New book by Larry Connors Click here Improve your trading - See how



Blue Chip Earnings Lead To Gains

By John Patrick Lee | TradingMarkets.com
Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Major indexes close in the green for the day; sentiments helped by positive earnings from major corporations.

Unexpected positive quarterly results from Caterpillar, AT&T, Verizon and Honeywell help to boost investor confidence, lifting the Dow to close up 100, almost 1& higher.

General Motors (GM | Quote | Chart | News | PowerRating) closed down -3% after announcing a quarterly loss of nearly $5 billion.  GM's Power Rating.

Stocks On The Move

Marathon Oil (MRO | Quote | Chart | News | PowerRating) Power Rating Q4 Profit Nearly Triples (full story).

Bumpy Road Rocks General Motors' (GM | Quote | Chart | News | PowerRating) Power Rating Q4 (full story).

Microsoft (MSFT | Quote | Chart | News | PowerRating) Power Rating At The Sweetspot Of New Product (full story).

Caterpillar (CAT | Quote | Chart | News | PowerRating) Power Rating Q4 EPS Soars 56% On Higher Revenue And Price Realization, Boosts FY06 EPS Forecasts (full story).

Amgen (AMGN | Quote | Chart | News | PowerRating) Power Rating Q4 Earnings Rise 20% On Top Line Growth Of 12.4%, Adj. EPS Misses Estimates (full story).

Honeywell (HON | Quote | Chart | News | PowerRating) Power Rating Q4 Profit More Than Doubles, Guides FY06 EPS In Line With Consensus (full story).

For more stories as they happen, go to our Breaking News section.

Dow

+99.17

10808.91

NASDAQ

+22.35

2283.00

S&P 500

+9.23

1273.91

NYSE

NASDAQ

Volume

2,789,625,000

2,391,269,000

Advances

2106

2042

Declines

1175

981

Up Volume

1739

1443

Down Volume

788

760

New Hi's

290

238

New Lo's

36

29

 

Strongest Sectors

Weakest Sectors

Nasdaq Combined Finance (OFINX | Quote | Chart | News | PowerRating) Networking Index (NWX | Quote | Chart | News | PowerRating)
Semiconductor (SOX | Quote | Chart | News | PowerRating) Utility Sector (UTY | Quote | Chart | News | PowerRating)
GSTI Semiconductor (GSM | Quote | Chart | News | PowerRating) Computer Hardware (HWI | Quote | Chart | News | PowerRating)

Economic News

Durable Goods Orders Continue To Increase In December (full story).

Jobless Claims Rise Much Less Than Expected (full story).

John Patrick Lee
johnl@tradingmarkets.com

Get your stock's PowerRatings here.


>> See more articles by John Patrick Lee
Stocks RSS Bookmark and Share
Related Articles
More Related Articles >>
PREMIER SPONSORED LINKS
TRADE CENTER
 
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.