STOCK MARKET WATCH, TUESDAY JULY 8.........(#1)

[ozymandius]

Tuesday July 8, 2003

COUNTING THE DAYS
DAYS REMAINING IN THE * REGIME 562
REICH-WING RUBBERSTAMP-Congress = DAY 240
DAYS SINCE DEMOCRACY DIED (12/12/00) 2 YEARS, 211 DAYS
WHERE'S OSAMA BIN-LADEN? 1 YEAR, 269 DAYS
WHERE'S SADDAM? WHERE ARE THE WMD'S? - DAY 110
DAYS SINCE ENRON COLLAPSE = 595
Number of Enron Exec's in handcuffs = 17
ENRON EXEC'S CONVICTED = 0
Other Arrests of Exec's = 53

U.S. FUTURES & MARKETS INDICATORS
NASDAQ FUTURES-----------------------------S&P FUTURES




AT THE CLOSING BELL ON July 7, 2003
DJIA.......9,216.79 +146.58 (+1.62%)
NASDAQ.......1,721.25 +57.79 (+3.47%)
S&P 500.......1,004.50 +18.80 (+1.91%)
10-Year Bond....3.707% +0.052
DOW..........................NASDAQ.......................S&P

||


GOLD, EURO, YEN and Dollars


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
PIEHOLE ALERT

Heads Up!
Preliminary info on appearances by Bush & Co. throughout the country. Details & links are added as they become available so check back. And if you know more, are organizing something, or would like to, contact [e-mail]

For information on protests and other actions Citizens For Legitimate Government

[ozymandius]

1. Good morning all! News: Stocks Are Set to Open Lower After Rally

NEW YORK - U.S. stocks are expected to open on a modestly downbeat note Tuesday, retracing some of Monday's sharp rally as investors turn their attention to second-quarter earnings reports from the likes of Alcoa Inc. and Pepsi Bottling Group Inc.
<..cut..>
A burst of optimism about second-quarter earnings propelled stocks sharply higher Monday, lifting the Dow Jones industrials more than 140 points. The Nasdaq composite index shot above 1,700 for the first time in 14 months.

story

[Maeve]

2. These "bursts of optimism" depress me

The market seems to rise on hot air, not anything solid and I don't trust that at all, at all. I have ridden in hot air balloons, I even was working on my pilot's license at one time, but I know the real and tangible things that make one float. There doesn't seem to BE any tangibles in the marketplace. :hangover:

A year ago this week the markets plunged dramatically...and the Stock Watch Thread was born. Here's to history NOT repeating itself!

[JNelson6563]

4. Morning all!

Just in from a trip to the orthodontist. Looks like I mised little.

Maeve, I completely concur with your assessment of "hot air". It doesn't seem tangible to me either. Nothing has seemed genuine to me for some time.

Julie

[ozymandius]

7. Good morning Julie.

My son needed some time walking through the neighborhood this morning. Looks like butterflies and bumblebees were seeing more action than stock news.

Hot air? Did Maeve say 'hot air'? You betcha. I agree that some elements of the market are inflated and that makes me jealous. I wish that my portfolio had seen some of that. I checked in with my advisor yesterday and my numbers were stalled at their value after last year's tumble.

[Maeve]

3. 9:35 and we're off

Mixed, actually, and not off by much at this point

Dow 9,212.50 -4.29 (-0.05%)
Nasdaq 1,722.23 +1.52 (+0.09%)
S&P 500 1,003.19 -1.23 (-0.12%)

[Maeve]

5. 10:03 and "like a rock"

and no, I don't refer to Chevy, here!

Dow 9,186.18 -30.61 (-0.33%)
Nasdaq 1,718.60 -2.11 (-0.12%)
S&P 500 1,001.39 -3.03 (-0.30%)

[ozymandius]

6. 10:12 and like a lead balloon

DJIA 9,164.90 -51.89 (-0.56%)
NASDAQ 1,715.43 -5.28 (-0.31%)
S&P 500 999.29 -5.13 (-0.51%)

[Maeve]

8. Profit taking, then a bit back up

Well, that's the blather, anywho!

Dow 9,181.00 -35.79 (-0.39%)
Nasdaq 1,720.18 -0.53 (-0.03%)
S&P 500 1,001.44 -2.98 (-0.30%)

[Maeve]

9. 10:43--looks like a mixed and bouncy day

Not too far either way, altho the charts amke it look moreso...
Dow 9,198.37 -18.42 (-0.20%)
Nasdaq 1,727.11 +6.40 (+0.37%)
S&P 500 1,003.75 -0.67 (-0.07%)

[ozymandius]

11. 10:57 and only the Dow in red.

DJIA 9,206.77 -10.02 (-0.11%)
NASDAQ 1,727.62 6.91 (0.40%)
S&P 500 1,004.84 0.42 (0.04%)

[JNelson6563]

10. well it seems things are looking up

or at least less down, at 10:44


Dow 9,197.11 -19.68 (-0.21%)
Nasdaq 1,726.62 +5.91 (+0.34%)
S&P 500 1,003.76 -0.66 (-0.07%)
10-Yr Bond 3.688% -0.019


Julie

[ze_dscherman]

12. Outlook for the stock market

A picture accompanying an analysis of the current U.S. stock market by German Spiegel Online magazine:


http://www.spiegel.de/img/0,1020,276918,00.jpg
http://www.spiegel.de/wirtschaft/0,1518,grossbild-276918-256203,00.html

[ozymandius]

13. 11:41 and hardly moving

DJIA 9,203.27 -13.52 (-0.15%)
NASDAQ 1,731.04 10.33 (0.60%)
S&P 500 1,004.43 0.01 (0.00%)

[JNelson6563]

14. *yawn*

no kidding. Very quiet. I'm heading out for a while, off to a meeting of political minds.

Will check in later. Don't take any wooden nickels while I am gone. ;-)

Julie

[Maeve]

15. Noon and nada

A bit up, a bit down, not worth changing font colors for.

Dow 9,198.79 -18.00 (-0.20%)
Nasdaq 1,731.10 +10.39 (+0.60%)
S&P 500 1,003.69 -0.73 (-0.07%)

[Maeve]

16. 12:53 and puttering along a little lower

Still mixed, with Nasdaq doing better by half

Dow 9,192.99 -23.80 (-0.26%)
Nasdaq 1,730.58 +9.87 (+0.57%)
S&P 500 1,003.34 -1.08 (-0.11%)

[ozymandius]

17. 1:48 and yawning right along

DJIA 9,201.59 -15.20 (-0.16%)
NASDAQ 1,733.02 12.31 (0.72%)
S&P 500 1,004.11 -0.31 (-0.03%)

[Maeve]

18. 2:34 and y'know that supposed Chinese curse?

May you live in interesting times"? Well, no curse on the market today! :boring:

Dow 9,196.82 -19.97 (-0.22%)
Nasdaq 1,736.01 +15.30 (+0.89%)
S&P 500 1,003.88 -0.54 (-0.05%)

[Maeve]

19. 2:57--going into the final hour

Nasdaq continues high and higher, the Dow and S&P are doing their best to hang around the unchanged mark.

Dow 9,199.00 -17.79 (-0.19%)
Nasdaq 1,738.41 +17.70 (+1.03%)
S&P 500 1,004.64 +0.22 (+0.02%)

[ozymandius]

20. 3:08 figures

Boy oh boy! The market is as calm as a reflecting pool. Maybe that's what's happening - they're reflecting.

DJIA 9,197.74 -19.05 (-0.21%)
NASDAQ 1,737.84 17.13 (1.00%)
S&P 500 1,004.19 -0.23 (-0.02%)

[ozymandius]

21. 3:23 and I am not coloring the font anymore today

I must wonder what is happening on the trading floors today?

DJIA 9,200.31 -16.48 (-0.18%)
NASDAQ 1,739.02 18.31 (1.06%)
S&P 500 1,004.94 0.52 (0.05%)

[Maeve]

22. Here's what CNN/Money says (plus Briefing.com)

Resilient techs rise
Nasdaq holds gains on some cautious buying, but Dow, S&P 500 drift amid mergers, earnings news.
July 8, 2003: 3:12 PM EDT
NEW YORK (CNN/Money) - Technology stocks led the Nasdaq higher, while the broader market drifted in the last hour of trading Tuesday, on the back of some mixed earnings and brokerage news and a pair of high-profile deals in the trucking and software sectors.

And Briefing.com via Yahoo-- http://finance.yahoo.com/mo
3:25PM: Nothing happening today...unless you count the Nasdaq, which is up another 1% as the trading action continues to focus on tech stocks, some Internet stocks, and selected small caps...volume is decent and overall it has to count as a solid day after yesterday's gains given the absence of any serious profit-taking...money still seems to be looking for places to get in, rather than to get out...

[robcon]

23. Nudging into positive

DJIA 9,219.32 +2.53 +0.03%

Nasdaq 1,745.94 +25.23 +1.47%

S&P 500 1,007.56 +3.14 +0.31%

Dow Util 247.40 -2.10 -0.84%

NYSE 5,641.41 +2.25 +0.04%

AMEX 972.06 -5.51 -0.56%

[ozymandius]

24. and at 4:03....

DJIA 9,223.02 6.23 (0.07%)
NASDAQ 1,746.50 25.79 (1.50%)
S&P 500 1,007.83 3.41 (0.34%)

[ozymandius]

26. final numbers today

DJIA 9,223.09 6.30 (+0.07%)
NASDAQ 1,746.50 25.79 (+1.50%)
S&P 500 1,007.84 3.42 (+0.34%)

EDIT:

10yr Note 3.74% +0.08

[radfringe]

25. Hot air??? did someone say hot air????

You betcha it's full of hot air with bushit for ballast

Ok looks like the little bitty "oops" by AWOL about the forged documents has let out some of the air...

Kind of hard to gauge how the markets will react to this for the rest of the week.

GOPers will be circling the elephants to protect AWOL. Judy Woodruff on CNN asked why the White-lie house admitted to the "mis-speak" now when back in February they KNEW the docs were forged...

mmmmmm.....well, Judy, if AWOL admitted to lieing back in February then people would have wondered what else he's been lieing about and that would have thrown a wrench into the monkey's invasion plans

Nonetheless, this admission and the lack of WMD's have more than one person wonder what else AWOL "mispoke" about. This little admission has opened a gigantic super big can of worms.

How can you tell when AWOL is lying? Whenever he opens his piehole, he's lieing.

To paraphrase a phrase from Love Story - mispeaking means never having to say you lied

Ok back to the economy/markets (stupid :evilgrin: )

Magic 8-ball:I think the markets are going to be on edge until marketeers see how AWOL's mispeaking is going to go. Lot's depends on the Dem's - are they going to hold AWOL accountable or will they be intimidated by GOPers and let it slide????

[ozymandius]

27. Did Judy Woodruff really ask 'why'?

I know people who work with her - and they say she is a shameless Bush apologist.

As for the Magic 8-ball: I'll bet you're right about the rest of the week: the markets will be walking on eggshells until there's a hint about what the next move will be on the Iraq WMD issue.

Meanwhile, soldiers keep dying in Iraq and Afghanistan as Bush seeks out new territories to plunder.

[radfringe]

28. Yes, Judy did ask that question

I know she's a bushbutt kisser, so it surprised me a bit. She asked it to another reporter who was giving the story. She didn't get an answer, CNN cut to a commercial...

Hopefully this story has grown legs, and is running (not walking) to a full investigation.

[JNelson6563]

29. not only that

but I saw the preview for Wolf's show and one was "Did the President lie.....?"

Rad, I too agree with your assessment of the week to come. I suspect though that earnings reports may make a difference too? We'll see but the storm's been brewing for a long time, should be a doozy.

Catch you all in the AM.

Julie

[Nottingham]

30. Oh I'm gonna watch tonite!

Thanks guys for the great job you do! :bounce: