Surge!!

Discussion in 'Stock Market' started by DavidS, Apr 9, 2009.

  1. DavidS
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    DavidS Anti-Tea Party Member

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    Today is going to be one of thsoe days on the market where everything goes just right.

    Two big things:

    Wells Fargo projects record $3 billion in profit in Q1. Their stock is going to hit $20 easily today, up about 40%.

    Wells Fargo projects record $3 billion 1Q profit - Yahoo! Finance

    Unemployment claims fall more than expected.

    New jobless claims fall more than expected to 654K - Yahoo! Finance

    We will close over 8,000 today and I'd say there's a definite possibility that we'll close close to 8,100.

    Big day to make some money by buying financials and selling them later in the week.
     
  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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  3. wimpy77
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    wimpy77 Member

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    if some more banks can come out with profits the market is gonna surge.
     
  4. DavidS
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    DavidS Anti-Tea Party Member

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    Up 246 today. Close to 8100.
     

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