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SMF Notes End of Day Summary: Week Ends on Positive Note

Stocks finished this holiday-shortened week on a high note, thanks largely to another big batch of better-than-expected earnings. Broad buying during the past two sessions gave the Dow and S&P 500 weekly gains of little more than 1%, but the Nasdaq Composite climbed 2% this week.

The Nasdaq outperformed its counterparts during the past couple of sessions with help from large-cap tech issues. Intel…

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Added by ken flagg on April 21, 2011 at 10:13pm — No Comments

SMF Notes Commodities Close: Week Ends with Price Spike

Commodities Close: Week Ends with Price SpikeCommodities caught a nice bid today. The CRB Commodity Index responded with a 1.2% spike, which helped it achieve a 0.4% weekly gain... Oil prices rallied sharply to wipe out losses earlier in the week. Weekly lows were set at $85.11 per barrel, which also marked a two-month low. However, concern about potential spillover of social unrest in Egypt helped spur buying this session. The energy component settled pit trade… Continue

Added by ken flagg on January 28, 2011 at 7:15pm — No Comments

SMF Notes Currency Commentary: EU Meeting Ends, Little Decided

The Dollar Index has rallied back above the 80 level. An announcement that the EU ministers had agreed upon a permanent support mechanism for the region caused some selling pressure on the dollar but a lack of details and a five notch downgrade of Ireland by Moody's helped reverse the early trading trend. The 80 level remains a key area for traders as the end of the week approaches.

The euro raced to…

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Added by ken flagg on December 17, 2010 at 4:03pm — No Comments

SMF Notes End of Day Summary: November Ends in Red

During the call, SNDK's COO says the smartphone is the largest growth driver for the company. The rapid growth of the smartphone has led to large total unit growth and additionally memory capacity. The co notes tablet computing as another strong driver for flash memory. SSD is an emerging mkt as well with instant-on as a key quality... 49% of SNDK's revenue is from products sold in the mobile mkt... The company is seeing middle…

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Added by ken flagg on November 30, 2010 at 10:04pm — No Comments

SMF Notes End of Day Summary: November Ends in Red

During the call, SNDK's COO says the smartphone is the largest growth driver for the company. The rapid growth of the smartphone has led to large total unit growth and additionally memory capacity. The co notes tablet computing as another strong driver for flash memory. SSD is an emerging mkt as well with instant-on as a key quality... 49% of SNDK's revenue is from products sold in the mobile mkt... The company is seeing middle…

Continue

Added by ken flagg on November 30, 2010 at 10:04pm — No Comments

SMF Notes Before End of Day Summary: November Ends in Red

SMF Notes Google: Color on stock action (563.30 -18.81)

Tuesday, November 30, 2010 12:14 PM…

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Added by ken flagg on November 30, 2010 at 10:00pm — No Comments

SMF Notes Commodities Close: Crude Ends the Week Above $76

The CRB Commodity Index finished 0.7% higher with 11 of the 19 CRB components in negative territory. The top three performers were in the energy sector.

Dec corn futures gained 1.7% today, closing at $4.7875 following bullish data from the USDA this morning. Dec wheat closed 0.2% higher at $7.395, while Nov soybeans ended 1.3% lower at $10.3275.

Oct crude oil futures closed higher by 2.5% to $76.45 per barrel, after trending higher… Continue

Added by ken flagg on September 10, 2010 at 5:23pm — No Comments

SMF Notes OMDX Commodities Weekly Summary: Energy Ends the Week Strong, Metals Decline

The CRB Commodities Index rose a 0.9% for the week, outperforming the S&P 500 which rose 0.5%. Energy markets, excl. natural gas, were strong while metals declined.

Looking more closely at energy, September crude oil futures, which rose 2.5% to close at $76.45 for the week, spent the first half of the week in the red. Crude trended higher from Tuesday until the end of the week, hitting highs for the week of $76.73. Wednesday's inventory… Continue

Added by ken flagg on September 10, 2010 at 5:20pm — No Comments

WRAPX End of Day Summary: Positive Streak Ends as Participants Take Profits

The stock market's six-session streak of gains ended in dramatic fashion as the S&P 500 suffered its worst percentage loss in two months following news that the Securities Exchange Commission (SEC) has levied a charge against Goldman Sachs... Moderate weakness in the early going became something much worse with midmorning news that the SEC has charged Goldman Sachs (GS 160.70, -23.57) and one of the company's vice presidents with fraud related to subprime securities. Goldman… Continue

Added by ken flagg on April 16, 2010 at 7:10pm — No Comments

All Blog Posts Tagged 'Ends' (9)

SMF Notes End of Day Summary: Week Ends on Positive Note

SMF Notes Commodities Close: Week Ends with Price Spike

SMF Notes Currency Commentary: EU Meeting Ends, Little Decided

SMF Notes End of Day Summary: November Ends in Red

SMF Notes End of Day Summary: November Ends in Red

SMF Notes Before End of Day Summary: November Ends in Red

SMF Notes Commodities Close: Crude Ends the Week Above $76

SMF Notes OMDX Commodities Weekly Summary: Energy Ends the Week Strong, Metals Decline

WRAPX End of Day Summary: Positive Streak Ends as Participants Take Profits

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