Stock Market Watch
Mar 09

Most Active Stocks for March 9 are C, BAC, CSCO, S, F, GE, INTC, DNR, AIG, PFE

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C, BAC, CSCO, S, F, GE, INTC, DNR, AIG, PFE are the top active stocks on Tuesday, March 09, 2010

  • CITIGROUP (C) has traded 1.1 b shares today. C’s last trade price was $3.820 + $ 0.270 (7.30%) after opening today at $3.55 .

    C hit an intraday high today of $3.860 and a low of $3.540. Not too bad of a day for this stock. We’ll be watching this one on the next trading day.

    • Recent News for C

    • Bailed-out U.S. financial stocks surge
      NEW YORK (Reuters) – The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery.
      Today 6:34 PM EST
    • Stocks Close Modestly Higher
      Stocks rise modestly Tuesday, but the S&P 500 index is now up roughly 68% a year to the day after the markets hit their financial-crisis lows and began to rebound. Gregg Greenberg has The Real Story
      Today 5:58 PM EST

  • BANK OF AMERICA (BAC) has traded 167.53 m shares today. BAC’s last trade price was $16.800 + $ 0.170 (0.36%) after opening today at $16.63 .

    BAC hit an intraday high today of $16.990 and a low of $16.540.

    • Recent News for BAC

    • Stocks Close Modestly Higher
      Stocks rise modestly Tuesday, but the S&P 500 index is now up roughly 68% a year to the day after the markets hit their financial-crisis lows and began to rebound. Gregg Greenberg has The Real Story
      Today 5:58 PM EST
    • ILFC Debt Draws Strong Demand
      Today 5:22 PM EST

  • Cisco Systems Inc. (CSCO) has traded 160.85 m shares today. CSCO’s last trade price was $26.130 + $ -0.200 (0.00%) after opening today at $26.33 .

    CSCO hit an intraday high today of $26.480 and a low of $25.700.

    • Recent News for CSCO

    • Stocks Close Modestly Higher
      Stocks rise modestly Tuesday, but the S&P 500 index is now up roughly 68% a year to the day after the markets hit their financial-crisis lows and began to rebound. Gregg Greenberg has The Real Story
      Today 5:58 PM EST
    • Cramer’s ‘Mad Money’ Follow-Up: March 9
      Here’s how some of Monday’s ‘Mad Money’ stocks fared on Tuesday.
      Today 5:48 PM EST

  • SPRINT NEXTEL (S) has traded 96.36 m shares today. S’s last trade price was $3.620 + $ 0.190 (6.47%) after opening today at $3.43 .

    S hit an intraday high today of $3.660 and a low of $3.420. Some small gains for this stock today.

    • Recent News for S

    • Stocks Close Modestly Higher
      Stocks rise modestly Tuesday, but the S&P 500 index is now up roughly 68% a year to the day after the markets hit their financial-crisis lows and began to rebound. Gregg Greenberg has The Real Story
      Today 5:58 PM EST
    • Stocks Roiled by Cisco, Banks
      Today 4:40 PM EST

  • FORD MOTOR (F) has traded 83.89 m shares today. F’s last trade price was $12.800 -0.030 (-1.01%) after opening today at $12.83 .

    F hit an intraday high today of $13.030 and a low of $12.730.

    • Recent News for F

  • GENERAL ELECTRIC (GE) has traded 83.67 m shares today. GE’s last trade price was $16.490 + $ 0.190 (1.35%) after opening today at $16.30 .

    GE hit an intraday high today of $16.620 and a low of $16.250.

    • Recent News for GE

    • Stocks Close Modestly Higher
      Stocks rise modestly Tuesday, but the S&P 500 index is now up roughly 68% a year to the day after the markets hit their financial-crisis lows and began to rebound. Gregg Greenberg has The Real Story
      Today 5:58 PM EST
    • WaMu’s Wild Ride
      Washington Mutual shares weathered a fourth-straight volatile session Tuesday amid expectations that a settlement between the bankrupt thrift and JPMorgan could come this week.
      Today 4:43 PM EST

  • Intel Corp. (INTC) has traded 83.16 m shares today. INTC’s last trade price was $20.940 + $ 0.260 (0.82%) after opening today at $20.68 .

    INTC hit an intraday high today of $21.200 and a low of $20.660. Not too bad of a day for this stock. We’ll be watching this one on the next trading day.

    • Recent News for INTC

  • DENBURY RESOURCES (DNR) has traded 61.83 m shares today. DNR’s last trade price was $15.430 + $ -0.030 (0.92%) after opening today at $15.46 .

    DNR hit an intraday high today of $15.610 and a low of $15.050. Some small gains for this stock today.

    • Recent News for DNR

    • Crude Oil Settles Above $81; Weak Supply
      Crude oil futures slumped Tuesday, trading in a tight range before settling ahead of weak weekly inventory data.
      Today 5:14 PM EST
    • Denbury and Encore Stockholders Approve Merger
      Denbury Resources Inc. (NYSE: DNR) (“Denbury”) and Encore Acquisition Company (NYSE: EAC) (“Encore”) today jointly announced that they have received the requisite stockholder approval to merge
      Today 12:56 PM EST

  • AMERICAN INTL GROUP INC (AIG) has traded 57.85 m shares today. AIG’s last trade price was $32.770 + $ 4.380 (12.61%) after opening today at $28.39 .

    AIG hit an intraday high today of $34.800 and a low of $28.080.

    • Recent News for AIG

  • PFIZER (PFE) has traded 54.55 m shares today. PFE’s last trade price was $17.230 -0.040 (-0.69%) after opening today at $17.27 .

    PFE hit an intraday high today of $17.320 and a low of $17.150.

    • Recent News for PFE

    • Animal Health: The Profits Hidden Inside the Barn
      The cows have come home to Merck (MRK).The Big Pharma’s former animal health joint-venture with Sanofi-Aventis (SNY) is once again in its corral. The two companies are venturing down the road to animal health sales just as one of its biggest rivals continues to divest its non-human interests. Merck and the French drugmaker announced Tuesday that they are teaming up in animal health through the combination of Sanofi’s Merial and Merck’s animal health business Intervet/Schering-Plough. Merial used to be a 50-50 joint venture between Merck and Sanofi until 2009 when Merck sold
      Today 1:44 PM EST
    • 5 Stocks That Just Won’t Quit
      Looking for a megatrend? Then follow the leaders.
      Today 12:34 PM EST

Market watch data every day from the Stock Market Watch. Keep your stock watch up to date with us.

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Mar 08

Most Gained Stocks for March 8 are NCS, TEAR, ZOOM, OLCB, TZOO, IFLG, KNDI, NSPH, MSN, CONN

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NCS, TEAR, ZOOM, OLCB, TZOO, IFLG, KNDI, NSPH, MSN, CONN are the top gained stocks on Monday, March 08, 2010

  • NCI BUILDING SYSTEMS (NCS) has traded 1.78 m shares today. NCS’s last trade price was $10.500 + $ 1.000 (452.63%) after opening today at $9.50 .

    NCS hit an intraday high today of $11.400 and a low of $9.400. Our stock screener was buzzing about this hot stock today!

    • Recent News for NCS

  • OccuLogix Inc. (TEAR) has traded 828.42 k shares today. TEAR’s last trade price was $4.100 + $ 2.810 (236.07%) after opening today at $1.29 .

    TEAR hit an intraday high today of $5.140 and a low of $1.250. I love bullish stock moves like this.

    • Recent News for TEAR

  • Zoom Technologies Inc. (ZOOM) has traded 2.06 m shares today. ZOOM’s last trade price was $7.820 + $ 1.730 (28.20%) after opening today at $6.09 .

    ZOOM hit an intraday high today of $8.290 and a low of $6.090. Many traders must be watching this one.

    • Recent News for ZOOM

  • Ohio Legacy Corp. (OLCB) has traded 75.21 k shares today. OLCB’s last trade price was $3.080 + $ -0.570 (25.21%) after opening today at $3.65 .

    OLCB hit an intraday high today of $3.700 and a low of $2.550. Good up day for this stock, I’m not complaining.

    • Recent News for OLCB

    • Ohio Legacy Bank Completes Capital Infusion
      Wilbur Roat, the Chairman of the Boards of Directors of Ohio Legacy Corp, an Ohio corporation and registered bank holding company (“OLC”), and Ohio Legacy Bank (NASDAQ: OLCB) , a national bank and the wholly owned subsidiary of OLC, announced that on Friday, February 19, the previously announced $17.5 million capital infusion in OLC and Ohio Legacy Bank closed, effective as of 11:59 p.m on that day. Excel Bancorp, LLC was lead investor in the capital infusion, and was joined by other local investors. Excel Bancorp, led by Bruce A. Cassidy, Sr., its managing member, has obtaine
      Saturday, February 20, 2010 12:00 AM EST

  • Travelzoo Inc (TZOO) has traded 465.31 k shares today. TZOO’s last trade price was $15.030 + $ 2.670 (21.11%) after opening today at $12.36 .

    TZOO hit an intraday high today of $15.290 and a low of $12.310. A pretty good day for this stock. This will be on watch.

    • Recent News for TZOO

  • InfoLogix Inc. (IFLG) has traded 708.91 k shares today. IFLG’s last trade price was $7.780 + $ 1.270 (19.51%) after opening today at $6.51 .

    IFLG hit an intraday high today of $8.650 and a low of $6.510. A pretty good day for this stock. This will be on watch.

    • Recent News for IFLG

  • Kandi Technolgies Corp. (KNDI) has traded 493.42 k shares today. KNDI’s last trade price was $5.580 + $ 0.800 (18.47%) after opening today at $4.78 .

    KNDI hit an intraday high today of $5.890 and a low of $4.760. Many traders must be watching this one.

  • Nanosphere Inc. (NSPH) has traded 261.96 k shares today. NSPH’s last trade price was $3.950 + $ 0.490 (16.86%) after opening today at $3.46 .

    NSPH hit an intraday high today of $3.980 and a low of $3.460. Many traders must be watching this one.

    • Recent News for NSPH

    • Massachusetts Institute of Technology’s Technology Review Names Nanosphere One of World’s Most Innovative Companies
      NORTHBROOK, Ill., March 4, 2010 (GLOBE NEWSWIRE) — Nanosphere, Inc., (Nasdaq:NSPH), announced today it was selected one of the world’s most innovative companies by Massachusetts Institute of Technology’s Technology Review with its inclusion on the 2010 TR50 list.
      Thursday, March 04, 2010 5:26 PM EST
    • Nanosphere, Inc. to Present at the 2010 Cowen Health Care Conference
      NORTHBROOK, Ill., March 4, 2010 (GLOBE NEWSWIRE) — Nanosphere, Inc., (Nasdaq:NSPH), announced that the company will present at the 30th Annual Cowen & Company Health Care Conference taking place at the Boston Marriott Copley Place in Boston, Massachusetts from March 8 to 11, 2010. Willia m Moffitt, Nanosphere’s president and chief executive officer, will present at 1:30 P.M. Eastern Standard Time on Tuesday, March 9, 2010.
      Thursday, March 04, 2010 4:43 PM EST

  • Emerson Radio Corp (MSN) has traded 2.54 m shares today. MSN’s last trade price was $4.330 + $ 0.430 (16.71%) after opening today at $3.90 .

    MSN hit an intraday high today of $4.330 and a low of $3.830. Good up day for this stock, I’m not complaining.

    • Recent News for MSN

    • Emerging Stock Report Initiates Independent Research Coverage on Emerson Radio Corp.
      CALGARY, Alberta, March 3, 2010 (GLOBE NEWSWIRE) — Emerging Stock Report, a leading provider of sector specific independent investment research, today initiated coverage on Emerson Radio Corp. (NYSE Amex:MSN). Emerging Stock Report is currently offering a complimentary trial subscription to the investment community.
      Wednesday, March 03, 2010 9:15 AM EST
    • Market Report — In Play (MSN)
      Emerson Radio declares cash dividend of $1.10 per common share Co reported that its Board of Directors this morning declared an extraordinary cash dividend of $1.10 per common share payable on March
      Tuesday, March 02, 2010 11:35 AM EST

  • Conn’s Inc. (CONN) has traded 678.43 k shares today. CONN’s last trade price was $6.350 + $ 0.880 (16.09%) after opening today at $5.47 .

    CONN hit an intraday high today of $6.440 and a low of $5470. Good up day for this stock, I’m not complaining.

    • Recent News for CONN

Market watch data every day from the Stock Market Watch. Keep your stock watch up to date with us.

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Mar 08

Most Active Stocks for March 8 are C, BAC, CSCO, F, S, DRYS, GE, PFE, EMC, MSFT

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C, BAC, CSCO, F, S, DRYS, GE, PFE, EMC, MSFT are the top active stocks on Monday, March 08, 2010

Market watch data every day from the Stock Market Watch. Keep your stock watch up to date with us.

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Mar 07

Most Gained Stocks for March 5 are ITMN, GMO, WNC, RCNI, HOVNP, SMP, PUDA, NBBC, STXS, CMM

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ITMN, GMO, WNC, RCNI, HOVNP, SMP, PUDA, NBBC, STXS, CMM are the top gained stocks on Friday, March 05, 2010 are…

  • InterMune Inc. (ITMN) has traded 28.26 m shares today. ITMN’s last trade price was $23.280 + $ -0.780 (59.34%) after opening today at $24.06 .

    ITMN hit an intraday high today of $25.370 and a low of $22.290. I love bullish stock moves like this.

    • Recent News for ITMN

  • General Moly Inc (GMO) has traded 12.23 m shares today. GMO’s last trade price was $3.990 + $ 0.680 (53.46%) after opening today at $3.31 .

    GMO hit an intraday high today of $4.080 and a low of $3.210. I love bullish stock moves like this.

    • Recent News for GMO

  • WABASH NATIONAL (WNC) has traded 1.74 m shares today. WNC’s last trade price was $4.360 + $ 0.960 (28.99%) after opening today at $3.40 .

    WNC hit an intraday high today of $4.620 and a low of $3.400 A pretty good day for this stock. This will be on watch.

    • Recent News for WNC

    • Wabash National, InterMune: Biggest Price Gainers (WNC, ITMN)
      Friday, March 05, 2010 4:47 PM EST
    • Wabash National Corporation Announces 2009 Fourth Quarter and Full Year Results
      Wabash National Corporation (NYSE: WNC)reported year-over-year operating improvements across several key financialand operating m etrics. The Company reported an operating loss of $11.9million for the fourth quarter of 2009, compared to an operating loss of$87.2 million for the fourth quarter of 2008. For the twelve months endedDecember 31, the Company reported operating losses of $66.1 million and$103.8 million for 2009 and 2008, respectively. Fourth quarter and fullyear 2008 results include a non-cash charge related to a goodwillimpairment of $66.3 million.
      Monday, February 08, 2010 4:54 PM EST

  • RCN Corp. (RCNI) has traded 16.24 m shares today. RCNI’s last trade price was $15.150 + $ 0.060 (23.57%) after opening today at $15.09 .

    RCNI hit an intraday high today of $15.220 and a low of $14.970. Many traders must be watching this one.

    • Recent News for RCNI

  • Hovnanian Enterprises Inc Dep Shr Srs A Pfd (HOVNP) has traded 32.59 k shares today. HOVNP’s last trade price was $8.320 + $ 1.430 (23.26%) after opening today at $6.89 .

    HOVNP hit an intraday high today of $8.840 and a low of $6.890. Many traders must be watching this one.

  • STANDARD MTR PRODS (SMP) has traded 848.16 k shares today. SMP’s last trade price was $10.510 + $ 1.300 (21.64%) after opening today at $9.21 .

    SMP hit an intraday high today of $10.750 and a low of $9.210.

    • Recent News for SMP

  • Puda Coal Inc. (PUDA) has traded 2.76 m shares today. PUDA’s last trade price was $9.890 + $ 1.650 (23.32%) after opening today at $8.24 .

    PUDA hit an intraday high today of $9.950 and a low of $8.200. A pretty good day for this stock. This will be on watch.

    • Recent News for PUDA

  • NewBridge Bancorp (NBBC) has traded 47.92 k shares today. NBBC’s last trade price was $3.380 + $ 0.560 (17.77%) after opening today at $2.82 .

    NBBC hit an intraday high today of $3.400 and a low of $2.820. A pretty good day for this stock. This will be on watch.

    • Recent News for NBBC

    • NewBridge Bancorp Reports Fourth Quarter Profit
      NewBridge Bancorp (NASDAQ: NBBC) (“NewBridge” or the “Company”), the parent company of NewBridge Bank (the “Bank”), today reported financial results for the three and twelve month periods ended
      Wednesday, January 27, 2010 4:15 PM EST
    • NewBridge Bank to Acquire Bradford Mortgage Company
      NewBridge Bancorp (NASDAQ: NBBC) (“NewBridge”) announced today that its banking subsidiary, NewBridge Bank (the “Bank”), has entered into an agreement to acquire the business operations of Bradford
      Monday, December 21, 2009 4:37 PM EST

  • Stereotaxis Inc. (STXS) has traded 844.99 k shares today. STXS’s last trade price was $5.680 + $ 0.740 (16.39%) after opening today at $4.94 .

    STXS hit an intraday high today of $5.710 and a low of $4.940. Good up day for this stock, I’m not complaining.

    • Recent News for STXS

    • Market Report — In Play (STXS)
      Stereotaxis misses by $0.01, misses on revs Reports Q4 (Dec) loss of $0.14 per share, $0.01 worse than the First Call consensus of ($0.13); revenues rose 16.5%
      Thursday, February 25, 2010 6:21 AM EST
    • Stereotaxis Reports 16% Revenue Increase in the Fourth Quarter 2009
      Stereotaxis Reports 16% Revenue Increase in the Fourth Quarter 2009New Orders Up 22% Sequentially; Second Consecutive Quarterly IncreaseRecurring Revenue Reaches Record $5.1 MillionCash Burn Declines
      Thursday, February 25, 2010 6:00 AM EST

  • CHINA MASS MEDIA CORP (CMM) has traded 192.82 k shares today. CMM’s last trade price was $3.300 + $ 0.370 (13.80%) after opening today at $2.93 .

    CMM hit an intraday high today of $3.550 and a low of $2.890.

    • Recent News for CMM

Market watch data every day from the Stock Market Watch. Keep your stock watch up to date with us.

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Mar 07

Most Active Stocks for March 5 are C, BAC, F, PFE, GE, CSCO, MSFT, INTC, AA, MRVL

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C, BAC, F, PFE, GE, CSCO, MSFT, INTC, AA, MRVL are the top active stocks on Friday, March 05, 2010 are…

  • CITIGROUP (C) has traded 319.08 m shares today. C’s last trade price was $3.500 + $ 0.030 (2.04%) after opening today at $3.47 .

    C hit an intraday high today of $3.500 and a low of $3.450. Not too bad of a day for this stock. We’ll be watching this one on the next trading day.

    • Recent News for C

  • BANK OF AMERICA (BAC) has traded 172.47 m shares today. BAC’s last trade price was $16.700 + $ 0.180 (1.83%) after opening today at $16.52 .

    BAC hit an intraday high today of $16.750 and a low of $16.450. Moderate gain today on this stock, I’ll take it.

    • Recent News for BAC

    • 2007 M&A Deals: A Spoiled Vintage
      M&A deals done at the height of the credit bubble in 2007 offer a painful reminder of that time’s exuberance, as deal activity begins to tick up again.
      Yesterday 10:00 AM EST
    • Jim Cramer’s Best Blogs
      Catch up on Jim Cramer’s thinking on the hottest topics of the past week.
      Yesterday 10:00 AM EST

  • FORD MOTOR (F) has traded 106.92 m shares today. F’s last trade price was $13.000 + $ 0.080 (1.64%) after opening today at $12.92 .

    F hit an intraday high today of $13.040 and a low of $12.830. Some small gains for this stock today.

    • Recent News for F

  • PFIZER (PFE) has traded 64.71 m shares today. PFE’s last trade price was $17.480 + $ 0.100 (0.87%) after opening today at $17.38 .

    PFE hit an intraday high today of $17.500 and a low of $17.230. Not too bad of a day for this stock. We’ll be watching this one on the next trading day.

    • Recent News for PFE

    • Medivation’s Next Moves
      From the Best of TSC TV: BOSTON (TheStreet) — Medivation stock is down almost 70% after a failed Alzheimer drug study. Adam Feuerstein looks at what’s next for the company and partner Pfizer and what investors need to take away. Original air date: 3/3/10
      Today 12:00 PM EST
    • Biopharma Stock Alert for Pfizer Inc. Issued by Beacon Equity
      DALLAS, March 7, 2010 (GLOBE NEWSWIRE) — BeaconEquity.com announces an investment report featuring pharmaceutical company Pfizer Inc. (NYSE:PFE). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
      Today 11:48 AM EST

  • GENERAL ELECTRIC (GE) has traded 65.19 m shares today. GE’s last trade price was $16.350 + $ 0.160 (1.49%) after opening today at $16.19 .

    GE hit an intraday high today of $16.370 and a low of $16.150. Some small gains for this stock today.

    • Recent News for GE

  • Cisco Systems Inc. (CSCO) has traded 57.06 m shares today. CSCO’s last trade price was $25.210 + $ 0.240 (1.04%) after opening today at $24.97 .

    CSCO hit an intraday high today of $25.240 and a low of $24.920.

    • Recent News for CSCO

  • Microsoft Corp. (MSFT) has traded 56.01 m shares today. MSFT’s last trade price was $28.588 -0.073 (-0.15%) after opening today at $28.66 .

    MSFT hit an intraday high today of $28.680 and a low of $28.420.

    • Recent News for MSFT

  • Intel Corp. (INTC) has traded 45.89 m shares today. INTC’s last trade price was $20.790 + $ 0.130 (1.27%) after opening today at $20.66 .

    INTC hit an intraday high today of $20.840 and a low of $20.450. Moderate gain today on this stock, I’ll take it.

    • Recent News for INTC

    • Dividends for 100 Years
      Want an investment you can count on? Check these out.
      Today 5:17 AM EST
    • How to Buy Tech
      From the Best of TSC TV: NEW YORK (TheStreet) — Ken Shreve, portfolio manager of Market Movers, reveals his favorite tech stock and how he will buy the sector if tech rallies. Original air date: 03/03/10
      Yesterday 3:00 PM EST

  • ALCOA (AA) has traded 40.75 m shares today. AA’s last trade price was $13.840 + $ 0.300 (3.05%) after opening today at $13.54 .

    AA hit an intraday high today of $13.960 and a low of $13.490. Not too bad of a day for this stock. We’ll be watching this one on the next trading day.

    • Recent News for AA

  • Marvell Technology Group Ltd. (MRVL) has traded 38.2 m shares today. MRVL’s last trade price was $20.400 + $ 0.750 (1.34%) after opening today at $19.6501 .

    MRVL hit an intraday high today of $20.410 and a low of $19.530. Not too bad of a day for this stock. We’ll be watching this one on the next trading day.

    • Recent News for MRVL

Market watch data every day from the Stock Market Watch. Keep your stock watch up to date with us.

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Aug 18

Forex Update

Forex No Comments »

Sterling extended gains on Tuesday, jumping more 1 percent on the day against a broadly weaker dollar as higher shares and oil prices boosted demand for currencies considered to be high-risk.

The pound GBP=D4 climbed as high as $1.6538 in late London trade, with traders citing stop-loss orders triggered around the day’s previous high around $1.6480. The pair traded 2 cents above the day’s low at $1.6327.

Currency Table

Currency

Last

Day High

Day Low

% Change

Bid

Ask
EUR/USD 1.4109 1.4150 1.4069 +0.20% 1.4109 1.4114
GBP/USD 1.6549 1.6572 1.6328 +1.24% 1.6549 1.6554
USD/JPY 94.690 95.280 94.370 +0.22% 94.690 94.740
USD/CHF 1.0769 1.0803 1.0745 -0.08% 1.0769 1.0775
USD/CAD 1.1047 1.1105 1.1022 -0.28% 1.1047 1.1052
AUD/USD 0.82370 0.82770 0.81980 +0.43% 0.82370 0.82420

* Rising risk aversion may end “sugar-high” US stock rally

* PIMCO’s El-Erian says risk rally went too far

* Traxis Partners’ Biggs worries about U.S. consumer

Jul 30

Stock Market Update

Uncategorized No Comments »

As July comes to a close we take a look back at the wild month it was on all publically traded indices

As investors we continue to witness price swings in the market that surprise us daily. Once again in July, the market didn’t disappoint as it produced the largest 12 day run since 1992. The Dow Jones Industrial Average gained 1030 points or 12.72%, the S & P 500 gained 110 points or 12.61% and the Tech Heavy Nasdaq Composite gained 230 points or 13.16% continuing the bull market from bottoms in mid March.

We have to look back at July 2009 and consider why we saw the largest 12 day run in 17 years; the above average earnings season, the support of the healthcare and energy sectors or the hype that the recession is slowing. All of these factors point the market up, but one common occurrence during this rally is similar to market rallies in the past. History shows us that during major technological advancements the “recession proof” technology sector is the base and major driving force into market rallies. Looking back into major market movements of the past in the mid 90’s and early 2000s, a similar factor exists in the rally of July.  A major technological movement seems to be developing and taking the industry and consumers by storm.

In the mid 90’s we had the major development of the PC, in the late 90’s- 2000’s the market experienced the development and movement of the internet. Currently in 2009 we are being overwhelmed with the hype and emergence of the PDA and Smartphone. The Apple Iphone, Blackberry Curve, Bold, Storm and World and everything in between made by Samsung, Sony, Palm and all the others are allowing the consumer to do almost anything from the palm of their hand from anywhere in the world.

The benefits of these devices are not just felt through the convenience in which the consumer experiences during their daily activities, but also through the company and their stock. The flocking of the average person to PDA’s and Smart-phones has allowed for sales to increase and for manufacturers, developers, and provider’s securities to appreciate.

Companies like Apple (AAPL), Research in Motion (RIMM), Cypress Semiconductors (CY) and Verizon Wireless (VZ) have all benefitted during the rally and seen gains of large proportions.

If this technological movement continues, the levels of these major tech stocks have upside potential beyond what the street can predict, and these increases will continue to guide the market through this bull market rally and take the gains we saw in July and carry them into the remains of 2009.

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