Day Traders Diary


U.S. stocks were mildly up after better-than-anticipated data on the jobs market. The Dow Jones Industrial Average gained 5 points to 10,439. The S&P 500 added 55 cents to 1,106. The Nasdaq Composite rose 4 points to 2,173. A couple of earnings reports out this morning. Tiffany is up 4% after beating estimates and raising guidance. J. Crew is up 7% after beating estimates. Deere is unchanged after beating estimates by 20 cents. On the upgrade front NetAppliance, Google, Gamestop, Motorola, and Heinz are higher following upgrades. The analysts love the market. After the first hour the averages remain in the green, but not by much. Today should be a quiet as many leave early for the holiday. Through the morning and into the afternonn the averages did not deviate far from the unchanged level. Volume dried up as the day progressed. The Dow Jones Industrial Average finished up 30 points at 10,464. The S&P 500 Index climbed 4 points to 1,110. The Nasdaq Composite added 6 points to 2,176.

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