Showing posts with label johnson and johnson. Show all posts
Showing posts with label johnson and johnson. Show all posts

Wednesday, April 16, 2008

Stocks Rise After Mixed News

Market News: On Tuesday, April 15, 2008, the New York Federal Reserve reported regional manufacturing expanded in April. Johnson & Johnson said its first-quarter profit rose 40%. Crude oil prices rose to a record $114 per barrel. Mixed good news and bad news caused the stock market to bounce off the recent downtrend.

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