Stock Market Updates | Online Stock Trading Guide

U.S. New Home Sales Come in Lower Than Expected

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October 28th, 2009 by

U.S. New Home Sales numbers came out this morning and came in down 3.6% from last month, to a seasonally adjusted annual rate of 402,000, lower than expected.

The revised August 2009 annual rate was 417,000 so this months report is trending the wrong way for anyone looking for signs of a recovery. …

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Stocks Move Lower After Consumer Confidence Data

Posted on

October 27th, 2009 by

Larry

Stocks reversed course this morning as Consumer Confidence Index Data came out well below expectations.

The Index came out at 47.7, which is down from 53.4 in September and 54.5 in August. Economists had expected the index to rise to 54.0 after a decline last month. The trend here is clearly moving lower and …

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Are Earnings Driving The Stock Market Higher?

Posted on

October 23rd, 2009 by

Larry

Just added a good partner-contributor article about whether or not earnings are driving the stock market higher. The author illustrates and provides support of a contrarian view to what you’ll hear and read about in most cases.

This is a good topic to look into if you haven’t done so already. Most people …

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