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Market Review November 23, 2009     
 
National Association of Realtors said home sales rose 10.1% to a seasonally adjusted annual rate of 6.1 million in October, from a downwardly revised 5.54 million in September; analysts expected sales to rise 5.65 million. After hitting bottom in January, home sales nationwide are up 37%, this month\'s increase is the largest monthly gain in 10 years. Analysts do expect sales to slip over the winter months as buyers aren\'t as interested in moving in the winter elements. Stocks were on the rise today, the Dow Jones Industrial Average was up 129 points, the Nasdaq Composite Index rose 28 points, and the Standard & Poor’s 500 Index rose 14 points. Bond prices were fell, the yield on the benchmark 10-year note rose to 3.36 from 3.34 Friday. Gold hit record prices of $1,164.80 an ounce today, crude oil rose slightly.

Free Daily Stock Picks activity and results for November 23, 2009:

CVX - position entry at 77.41pm, 1st Target Level hit for a gain of 1.16 points
ISRG - position entry at 279.45, Stop hit for a loss of 1.00 point
VRX - position entry at 32.68, 1st Target Level hit for a gain of 0.49 points

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