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Daily Archives: July 29th, 2008

Market U-turns Back Onto Recovery: SPX, Nasdaq, BAC, MA, V, PNC, BLK, ALXN, X, BIDU, QCOM

The market did a total U-turn today from yesterday’s close and gain back more than it lost yesterday! This weekend, in my Market Forecast, I said,
“For the new week, the market should continue to look for confidence in the financials. We need to see the financials continue with their recovery process. Oils and the […]

Premarket Analysis for 7/29- Upgrades/Downgrades, Gappers, Actionable Calls

Submitted By Optiondragon
From Briefing.com

Periodicals Wrap-Up for Tuesday, July 29th
WALL STREET JOURNAL: Starbucks (SBUX) said it will close over two-thirds of its 84 stores in Australia, the most severe of its foreign restructuring plans, the Wall Street Journal reported…The Wall Street Journal also reported that beginning August 1 GMAC LLC (GMA), the biggest volume auto lender […]