Did You Miss the Stock Market Explosion?

  • Thread starter misgfool
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    Explosion
In summary, the stock markets are expected to open lower as investors brace for a grim corporate reporting period and negative news from companies such as Alcoa and Intel. There may be a defensive trading range throughout the week due to weak earnings. However, there has been a glitch on CNN's website regarding stock prices and it has since been fixed. Alcoa is expected to post their results after the market closes.
  • #1
misgfool
Physics news on Phys.org
  • #2
What do you mean?
 
  • #3
russ_watters said:
What do you mean?

You didn't check the link?

...

Alcoa Inc 26.35 +14.99 +138.67% 1/10 9:11pm
Bank of America Corporation 27.49 +13.95 +107.39% 1/10 9:11pm
Citigroup, Inc. 25.18 +18.02 +266.96% 1/10 9:11pm
General Motors Corporation 29.97 +25.93 +643.42% 1/10 9:11pm

...
 
  • #5
Not sure where the data are originating, but that indicates trading on Saturday. Perhaps after hours. Or someone is pumping the stock to make a killing.

Or someone hacked CNN's site.

The Dow30 were down Friday when the US markets closed.
 
  • #6
"Price information for some stocks may be incorrect. CNNMoney.com is working with our data provider to fix the problem. We apologize for the inconvenience."
 
  • #7
It looks like CNN got their Dow30 page and others fixed.

Wall Street eyes quarterly results
Stocks set to open lower as investors brace for start of what is expected to be a grim corporate reporting period.
http://money.cnn.com/2009/01/12/markets/stockswatch/index.htm

. . . .
Peter Cardillo, chief market economist for Avalon Partners, said markets have already "baked in" weak earnings from companies like aluminum producer Alcoa on Monday and from chipmaker Intel (INTC, Fortune 500) on Thursday, but they could still keep stocks from advancing, he said.

"The negative news coming out of earnings will keep us in a defensive trading range most of the week," said Cardillo.
. . . .
Alcoa . . . . is due to post results after the market close.
. . . .
 
  • #8
Lucky you. My stocks crashed the other day.
 

1. What caused the stock market explosion?

The stock market explosion can be attributed to a combination of factors such as economic growth, low interest rates, and investor confidence. Additionally, advancements in technology and the rise of new industries have contributed to the increase in stock market activity.

2. How does the stock market explosion impact the economy?

The stock market explosion can have both positive and negative impacts on the economy. On one hand, it can stimulate economic growth and lead to job creation. On the other hand, it can also create instability and contribute to economic downturns.

3. Is the stock market explosion sustainable?

It is difficult to predict the sustainability of the stock market explosion as it is influenced by various factors such as market trends, economic conditions, and global events. However, it is important for investors to carefully analyze and diversify their portfolios to mitigate potential risks.

4. How can individuals take advantage of the stock market explosion?

Individuals can take advantage of the stock market explosion by investing in stocks, mutual funds, or exchange-traded funds (ETFs). It is important to conduct thorough research and seek professional advice before making any investment decisions.

5. What should individuals do during a stock market explosion?

During a stock market explosion, individuals should avoid making hasty decisions and instead focus on long-term investment strategies. It is also important to regularly monitor investments and make adjustments as needed. Seeking guidance from a financial advisor can also be beneficial during this time.

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