Hey everyone, I'm here to give my thoughts about the stock market and the stocks I am currently interested in. Here's the list of stocks I have on my watch list so far..
Symbol Price $ Chg % Chg
GE 16.35 +0.37 +2.32
F 11.85 +0.44 +3.86
S 4.99 +0.23 +4.83
RAD 1.18 +0.03 +2.61
NCT 2.87 -0.05 -1.71
C 3.92 +0.07 +1.82
LUV 12.62 +0.42 +3.44
LCC 9.44 +0.80 +9.26
BAC 15.89 +0.46 +2.98
SNV 2.81 +0.07 +2.55
DELL 13.12 +0.03 +0.23
AMD 8.54 +0.40 +4.91
NXG 2.95 +0.07 +2.43
ABK 1.24 +0.07 +5.98
LOW 24.43 +0.14 +0.58
HD 33.87 +0.33 +0.98
From this list I have invested in almost every stock on the list and have to say all are of right now solid companies except for ABK which is swaying back and forth in my mind. General Electric is always a solid investment for the long term or even the short term if you buy enough shares.
US Airways had a big day today on announcements by Continental that their revenue per seat mile rose by 23-24%. Ford increased as their light vehicles sales increased 22% in the month of May. The Dow gained 225.52 on the day with the Nasdaq increasing 58.54 points and the S&P 500 up 26.67.
US home sales beat the estimates causing the DOW to increase for the day amid continued worries over Europe and the debt crisis of multiple countries. This month of June is said to be another volatile one just like in May with stocks flowing back and forth so I wouldn't be too jumpy on the stocks for the next fews days. Look for progress by BP in their relief efforts for energy stocks and for all stocks keep a close eye on Europe.
I'll be back tomorrow with more of my thoughts on this market and what happened during the day. Thanks for reading
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