Monday, March 15, 2010
Merger Monday Again But Will It Be A Markup Monday?
Asia and Europe lower. S&P 500 and NASDAQ 100 futures are lower by -3.20 and -6.80. Brent Crude is at $79.05 with gold at $1105.80 and natural gas at $4.36. The Up Dollar ETF (UUP) closed at $23.42 lower by -0.64%. Currencies see the Yen at 90.71 with the Pound at .66 and Euro at .73. The 20 Year Treasury ETF (TLT) closed at $90.48 lower by 0.62%. High yield bonds and corporate investment grade bonds rose. More...
Today's Superstock Investor Stock Scorecard:
UNITED PARCEL SERVICE INC (UPS)
The Dow Jones Transportation Index is breaking out to new highs. One name on this list that intrigues us is United Parcel Service (UPS). It is still below its price target at the upper bound is almost $10 away from here. More...
The Madison Letter:
We moved out of cash back to a buy on the Madison Market Timing Indicator on Thursday 2/18, almost a month ago. Many are questioning the ability of the market to continue to advance. The correction they believe in imminent. We do not concur as of Friday's close. More...