Premiere Stock Alerts Next Alert For Penny Stocks

Posted on Thursday, December 30th, 2010 at 3:57 pm.

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Posted on Wednesday, December 29th, 2010 at 3:39 pm.

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NEW YORK (MarketWatch) — U.S. stocks opened with a slim gain on Wednesday morning, boosted by a weaker dollar and investors anxious to keep the year’s final week of trading in positive territory.  The Dow Jones Industrial Average rose 28 points, or 0.3%, to 11604. McDonald’s led the measure higher, rising 0.8%.  Bank of America edged down 0.1%, after Allstate sued the bank and its Countrywide Financial mortgage-originator unit over a $700 million investment made by the insurer into residential mortgage-backed securities.  The Nasdaq Composite gained 0.2% to 2668. The Standard & Poor’s 500-stock index added 0.2% to 1261, led by its health care and consumer discretionary sectors.  Market moves are expected to be muted for the rest of the week as investors anxious to lock in year gains are expected to trade cautiously. With only three trading sessions left in the year, the Dow is up 11%, while the S&P 500 is up nearly 13% and the Nasdaq is up more than 17%. Small-cap stocks have surged even more this year, with the Russell 2000 up more than 26%.  Volume has been unusually light so far this week, thanks to holiday vacations and a deluge of snow in the Northeast.  The dollar was lower across the board, down against both the euro and the Japanese yen. The euro was trading recently at $1.3135, up from $1.3117 late Tuesday in New York.

The U.S. Dollar Index, which tracks the currency against a basket of others, fell 0.3%.  Among stocks in focus, BJ’s Wholesale Club rose 6.2% after the New York Post cited unnamed sources as saying buyout firm Leonard Green & Partners might launch a hostile bid for the warehouse-club retailer.  Shares of GenVec climbed 10% after the biopharmaceutical company said it will be working with Sanofi-Aventis SA’s animal-health unit Merial to commercialize GenVec’s vaccine technology for treatment of foot-and-mouth disease.  Savient Pharmaceuticals slid 1.2% after its board started a search for a chief executive, a role the company left vacant since late 2008 when Christopher G. Clement resigned in an “involuntary termination by the company without cause,” according to a regulatory filing at the time.  Demand for U.S. Treasurys rose one day after an auction of 5-year notes saw weak demand. Yield on the 10-year note fell to 3.47%.  Crude-oil prices edged lower, while gold futures climbed

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Posted on Wednesday, December 29th, 2010 at 3:11 pm.

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Posted on Tuesday, December 28th, 2010 at 3:19 pm.

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After notching a fourth straight week of gains Thursday, the Dow /quotes/comstock/10w!i:dji/delayed (DJIA 11,544, -11.20, -0.10%)  ended off 18.46 points at 11,555.03, with 18 of its 30 components declining.  Recovering from mild losses, the S&P 500 Index /quotes/comstock/21z!i1:in\x (SPX 1,256, -1.14, -0.09%)   ended up 0.77 points at 1257.54.  The financial sector was the best performer, bolstered in part by the advance of AIG /quotes/comstock/13*!aig/quotes/nls/aig (AIG 59.20, -0.18, -0.30%) , up 9% after a regulatory filing showed the insurer had signed credit agreements worth $4.3 billion. AIG is working to regain its independence after being rescued by the government in 2008.

All About Trading Penny Stocks-Premiere Stock Alerts

Posted on Monday, December 27th, 2010 at 3:16 pm.

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NEW YORK, Dec 27 (Reuters) – Wall Street was set for a
lower open on Monday as shares fell globally following a
surprise interest rate increase from China’s central bank.
China’s central bank raised interest rates on Saturday for
the second time in just over two months as it stepped up its
battle to rein in stubbornly high inflation. The People’s Bank
of China said it will raise the benchmark lending rate by 25
basis points to 5.81 percent and lift the benchmark deposit
rate by 25 basis points to 2.75 percent.

Premiere Stock Alerts Tops In Trading Penny Stocks

Posted on Thursday, December 23rd, 2010 at 3:29 pm.

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Posted on Thursday, December 23rd, 2010 at 3:22 pm.

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Posted on Wednesday, December 22nd, 2010 at 2:39 pm.

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WASHINGTON, Dec 22 (Reuters) – U.S. economic growth was a touch higher than previously estimated in the third quarter, but below expectations as a rise in the pace of inventory accumulation was offset by downward revisions to consumer spending, a government report showed on Wednesday.    Gross domestic product growth was revised up to an annualized rate of 2.6 percent from 2.5 percent, the Commerce Department said.
Economists had expected GDP growth, which measures total goods and services output within U.S. borders, to be revised up to a 2.8 percent pace. The economy expanded at a 1.7 percent rate in the second quarter.
But data so far suggests growth accelerated in the fourth quarter and will remain supported in 2011 by an $858 billion tax deal, which will help plug the gap from the fading boost from the rebuilding of inventories by businesses and winding down of the government’s $814 billion stimulus package. The tax plan, widely viewed as a second fiscal stimulus for the economy, is seen complementing the Federal Reserve’s program to buy $600 billion worth of government bonds to shore up the recovery. Third-quarter growth estimates were revised to reflect a $121.4 billion increase in business inventories rather than the $111.5 billion rise reported last month. Inventories added 1.61 percentage points to GDP growth. Excluding inventories, the economy expanded at a 0.9 percent pace rather than 1.2 percent. The increase in consumer spending was revised down to a 2.4
percent rate from 2.8 percent rate. Consumer spending accounts for more than two-thirds of U.S. economic activity and contributed 1.67 percentage points to growth in the July-September period.

Penny Stock Market News, Premiere Stock Alerts

Posted on Tuesday, December 21st, 2010 at 3:51 pm.

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The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (DJIA 11,528, +49.43, +0.43%)   climbed 31.41 points, or 0.3%, to 11,509.54, with 25 of its 30 components on the rise.   The Dow “has made three attempts to close above 11,500 over the last 10 days and failed each time. That level appears to be a troublesome technical price resistance points that could prove stubborn to penetrate this week,” noted Fred Dickson, chief investment strategist at Davidson Companies.  Rising for a fourth consecutive session, the Standard & Poor’s 500 Index /quotes/comstock/21z!i1:in\x (SPX 1,253, +5.60, +0.45%)   rose 4.53 points, or 0.4%, to 1,251.61. The financial sector proved the best performer among the index’s 10 industry groups, while consumer staples lagged.  The Nasdaq Composite /quotes/comstock/10y!i:comp (COMP 2,662, +12.03, +0.45%)   gained 9.9 points, or 0.4%, to 2,659.52.  For every issue falling about two advanced on the New York Stock Exchange, where volume approached 127 million at 10 a.m. Eastern.  Adobe Systems nc. /quotes/comstock/15*!adbe/quotes/nls/adbe (ADBE 30.58, +1.40, +4.81%)   gained after the graphic software maker forecast a profit that beat expectations. Jabil Circuit Inc. /quotes/comstock/13*!jbl/quotes/nls/jbl (JBL 18.99, +1.33, +7.53%)  also climbed after its outlook exceeded Wall Street projections.

In addition to Toronto-Dominion Bank’s /quotes/comstock/13*!td/quotes/nls/td (TD71.33, +1.82, +2.62%)   agreement to acquire the lending arm of auto manufacturer Chrysler, Dutch chemicals company Royal DSM NV said it plans to purchase biotechnology firm Martek Biosciences Corp. /quotes/comstock/15*!matk/quotes/nls/matk (MATK 31.55, +8.19, +35.06%)  for $1.09 billion.

Premiere Stock Alerts-Penny Stocks Daily

Posted on Monday, December 20th, 2010 at 3:08 pm.

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MarketWatch:  Solid fourth-quarter results should propel equities higher despite their short-term overbought condition, projected one analyst, who said he believes the bull market is likely to continue its run through January.  “We are overbought, no question. But it is earnings that move markets, and to that end, we have more fuel for Santa’s sleigh,” wrote Marc Pado, U.S. market strategist at Cantor Fitzgerald.  Futures on the Dow Jones Industrial Average /quotes/comstock/21b!f:dj\h11 (DJH11 11,436, +6.00, +0.05%)  gained 34 points to 11,464, and S&P 500 futures /quotes/comstock/21m!f:sp\h11 (SPH11 1,242, +3.80, +0.31%)  advanced 4.7 points to 1,243.1.  Nasdaq 100 futures /quotes/comstock/21m!f:nd\h11 (NDH11 2,218, +4.75, +0.22%)  rose 9.75 points to 2,222.92.