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[Investor's Business Daily - Editorial RSS] Adding insult to an injured General Motors, Dow Jones is dumping the carmaker from its prestigious market index Monday. The automaker shared the pain with Citigroup, which also lost its coveted position in the 30-stock Dow Jones Industrial Average.
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[The Gaea News] Stocks slip as Wall Street tries to preserve recent gains, awaits ...: Stocks mixed after prior day's big gainsNEW YORK ” Caution returned to Wall Street Tuesday ahead of results of the government's stress tests of banks. Stocks were narrowly mixed in early trading following a big advance Monday that sent one key Wall Street indicator, the Standard & Poor's 500 index, into positive territory for the year and the Dow Jones industrials up more than 200 points.
[Investor's Business Daily - Investing RSS] Investors.com - Dow Industrials Axing GM, Citigroup: A bankruptcy filing "immediately disqualifies" GM from continuing its 83-year history in the world-renowned benchmark, Robert Thomson, Dow Jones' editor-in-chief, said in a statement. GM shares changed hands in more than five times average volume Monday, but closed unchanged at 75 cents, down a whopping 95% from its 52-week high.
[The Gaea News] Promising signs: Manufacturing slide slows, construction spending ...: India's economic slowdown eases in first quarterMUMBAI, India ” India's economic slowdown unexpectedly eased in the first quarter as expansion in construction, financial services and agriculture offset a slide in manufacturing, according to government figures Friday. Asia's third-biggest economy grew 5.8 percent from a year earlier in the first three months of 2009, the same rate as the previous quarter, and much better than many economists had expected.
[Sahamas] Sahamas Stock Forum - Bursa Malaysia Stock Forum: - Charlie Munger";Quotation[37] = "It's normally harder to stick with a winning stock after the price goes up than it is to believe in it after the price goes down. - Peter Lynch";Quotation[38] = "Those investors that automatically sell the stocks that rise in price, but hold on to those that fall hoping that they will come out even, can only described such actions as pulling out the flowers and watering the weeds - Peter Lynch";Quotation[39] = "Risk is not knowing what you're doing.
[The Gaea News] Stocks end quiet day higher after mixed economic, earnings data ...: Stocks were narrowly mixed in early trading following a big advance Monday that sent one key Wall Street indicator, the Standard & Poor's 500 index, into positive territory for the year and the Dow Jones industrials up more than 200 points.
[TheSUBWAY - Stock Trader Blog] Global Stock Market Today 5/18/09 (US Stock Market, Canada Stock ...: The Dow Transportation Average confirmed the Dow Industrials' downward move with an 8.9% decline for the week, while the Dow Jones Utility Average fell 5.9%. The Amex Oil Index recorded a weekly loss of .
[The Gaea News] Wall Street falls in morning trading amid weaker-than-expected ...: NEW YORK - The Wall Street opened lower Tuesday as the record plunge of the housing sector in April overshadowed the better-than-expected earnings of the Home Depot. The US Commerce Department said the construction of new homes and apartments fell 12.8 percent in April to a seasonally adjusted annual rate of 458,000 units.
[The Housing Bubble Blog] The Housing Bubble Blog » Bits Bucket For May 21, 2009: One also should keep at least one eye on hedge fund and Megabanker investors armed with helicopter drops of recently printed dollars who might be able to incite a short squeeze by outbidding all the end users in the local market with cash offers for the homes that did not remain hidden away in shadow inventory. Hopefully an avalanche of inventory will eventually turn most of these late great fools into knifecatchers.
[TheSUBWAY - Stock Trader Blog] Crude rises as jobs data raise recovery hopes : TheSUBWAY - Stock ...: NEW YORK (MarketWatch) ” Crude-oil futures rose Friday for a third session, extending their weekly gain to more than 10% as a better-than-expected U.S. jobs report cemented recent optimism about ....
[The Big Picture] Words from the (investment wise) May 24, 2009 | The Big Picture: “Base building - The most persistent capitulation stage marks the beginning of the end for the bear market, which by definition, must also be the beginning of the new bull market, although all one may see for some months will be ranging, including some new lows by indices for less fundamentally attractive markets, but also rising lows by indices for the next bull market’s leaders.
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