Thursday, April 17, 2008

Upbeat Earnings Reports Cause Markets to Surge

Market News: On Wednesday, April 16,2008, JPMorgan Chase & Co., Coca-Cola Co. and Intel Corp. beat first-quarter projections. Crude Oil closed at a high of $115.07 per barrel. Good News from the 3 large corporations caused the stock market to go up.

The following analysis is not a trade recommendation. You are responsible for your own trading decisions.
DOW Trend: DOW going sideways
NASDAQ Trend: NASDAQ going sideways
S&P500 Trend: S&P500 going sideways

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