Swing Trading
 
 
Market Review November 10, 2009     
 
Stocks fell Tuesday, after the Dow Jones Industrials rose 200 points; it reached record highs for 2009. Stocks rose after the dollar continued its fall. Stocks slipped Tuesday as the dollar rose, commodities were mixed crude oil fell and gold rose. Dow Jones Industrial Average rose 17 points, the Nasdaq composite Index fell 2 points and the Standard & Poor’s 500 Index fell 0.07 point. Bond prices rose, the yield on the benchmark 10-year Treasury note fell to 3.47 from 3.48 Monday. In other news, the Treasury Department reported 650,000 troubled borrowers have been put into trial loan modifications under the Obama administration\'s foreclosure rescue plan. Sprint Nextel reported Monday that it plans to release approximately 2,000 to 2,500 jobs in an attempt to save on costs.

Free Daily Stock Picks activity and results for November 10, 2009:

PCLN - position entry at 187.64PM, 3rd Target Level hit for a gain of 7.51 points
HMIN - position entry at 36.62, Stop hit for a loss of 1.00 point
GEOY - position entry at 27.57, 2nd Target Level hit for a gain of 0.83 points
SF - position entry at 53.91, 2nd Target Level hit for a gain of 1.62 points
FLR - position entry at 45.75, 2nd Target Level hit for a gain of 1.37 points
HOLX - position entry at 14.81, Stop hit for a loss of 1.00 point
CLNE - position entry at 12.25, 3rd Target Level hit for a gain of 11.64 points

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