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Economy

Economic Data (USA)

Thursday, February 08, 2007

All 3 Majors Declined Today As Crude Edged Closer to $60

All 3 major indexes declined today as the price on a barrel of crude oil for future delivery edged closer to the $60 mark. 1,604,923,960 shares were traded @ The New York Stock Exchange®.


Summary of The U.S. Markets:

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DJIA: Closed @ 12,637.63 (-29.24)

NASDAQ: Closed @ 2,488.67 (-1.83)

S&P 500: Closed @ 1,448.31 (-1.71)

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NYMEX Crude Oil Future closed @ $59.72/barrel

NY Spot Gold closed @ $659.10/ounce

In New York, The U.S. Dollar buys 0.7686 Euros

In New York, The Euro buys 1.301 U.S. Dollars

The Federal Funds Target Rate is 5.25%

10-Year Treasury Note Yield is currently @ 4.73%

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1 Comments:

Blogger dragonhall said...

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It uses a long term approach (similar to Buy and Hold) with an interesting twist. Less risky than short term trading and betetr results than Buy and Hold.

See for yourself www.flipthisstock.com

Sunday, February 11, 2007 4:13:00 AM  

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