11/8 Daily Markets

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. Daily Markets - Your Views Make News US Unemployment Rate Troubling, But … November 7, 2009 at 9:01 pm The US Labor Department announced Friday that the unemployment rate rose to a 26-year high of 10.2% in October, an increase of 0.4 of a percentage point, even though the labor force contracted as well. The graph below, courtesy of Chart of the Day, illustrates the unemployment rate since 1948 and provides some perspective on the current state of the labor market. As shown, Friday’s increase above the 10% level marks only the second time such a move has occurred during the post-World War … [visit site to read more] S&P 500: Market Is Strong, But Correction Should Continue November 7, 2009 at 8:01 pm Looking at the S&P 500 (^GSPC) chart below, the breakdown from the ascending wedge pattern is clear enough, and expectation of the breakdown has been fulfilled. The rising trend line violation brings with it the expectation of a continued decline, but I do not have a price target at this time. The horizontal dotted lines show the closest and furthest likely support levels, but I have no expectations regarding either one. At this point, I am still expecting a price low at the end of … [visit site to read more] Doctor Up Your Portfolio With This Medical Communications Company November 7, 2009 at 7:01 pm The healthcare reform debate continues to swirl in Washington. And Marc Lichtenfeld and Louis Basenese have discussed this crucial topic recently, offering their thoughts on the companies best positioned to profit. That’s because regardless of the back-and-forth and political slanging match, the healthcare sector still offers strong potential for solid returns, due to skyrocketing demand. In particular, one small-cap poised for gains is the Utah-based firm ZYTO Corp. (ZYTC.PK). It … [visit site to read more] Cartoon: It's Still The Economy, Stupid November 7, 2009 at 7:01 pm Source: Gary Markstein, Comics.com, November 5, … [visit site to read more] Dendreon Corp.: Put This Promising Biotech Stock On Your Watch List November 7, 2009 at 7:01 pm All the hoopla surrounding the biotech stock, Dendreon Corp. (DNDN), this year is well deserved. After all, the market potential for its prostate cancer treatment, Provenge, is significant. This year, 190,000 new cases of prostate cancer are expected, with 27,000 deaths from the disease. That makes it the most common non-skin cancer in the United States and the third most common cancer worldwide. But Provenge takes a novel approach to treatment. The drug is the first active … [visit site to read more] Extension Of US Unemployment Benefits: Will That Really Benefit The Overall Economy? November 7, 2009 at 5:43 am Friday’s release of the October jobs report showed the loss of another 190,000 jobs had pushed the official unemployment rate to 10.2%, only the second time since the Great Depression that unemployment was quoted in double digits. That didn’t stop Wall Street pundits from trying to fashion a silk purse of this sow’s ear. … [visit site to read more] Video: 11/09 The Week Ahead November 7, 2009 at 5:00 am The stories,data, and stocks that may have the greatest impact during the next trading session. … [visit site to read more]   This email was sent to gatdemit001@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.