Monday, August 2, 2010

1st Trading day of the month

The market is starting off the month strong with a gain of 175 points in the DOW due to the strong earnings results and better-than-expected manufacturing data prompted investors to build on last month's run-up. ndexes climbed to session highs after the Institute for Supply Management said the U.S. manufacturing sector grew in July for the 12th straight month, while the government reported construction spending unexpectedly rose in June. Look for the day to keep the DOW up 150 points if not more as there is still 5 hours left! Getting a little excited =]

If anyone reading wants to start trading and open an account with SCOTTRADE, right now they are offering 3 free trades to YOU if you sign up using someone's referral link so if you are thinking about it let me know and I'll send you mine.

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