Trade Huge

Us market just up by 4 points, market unable to find direction in trade, traded in a range of 20 points up and 40 points down from its last closing of 10321, finally closed at 10,325.26

9000 Crossed
This is a very crucial level, markets went down from 8700 mark, now they bounced back from 8150 level, breaking the 9000 mark in style, dow jones currently trading at 9040 levels, this is a big leap for the markets.

Important to see how long can this level be sustained, markets have taken almost 8 months to come to this level back. Also essential to see the last week of july where the markets end up

Keep watching the 9000 mark. Be watch full before having creating any fresh short positions on the index.

• Dow jones started in negetive , 50 points lower and moved on downwards by 100 points at the end of the close markets were down by 161 points Dow jones index closed at 8163 Nasdaq index at 1749 lower by 41 points.
• In last 5 trading sessions the market has fallen from highs of 8600 to 8163 points.
• Investors and moreover short term traders be cautious of trying to do bottom fishing as there are chances yet that market could go down further from these levels.
• Another firm Lear Corp announced bankrupt, this is bad news for the market, more companies are falling under chapter 11.
• Also the us markets have moved one way straight upwads direction after the lows it made of 6400, and high point the dow index reached at 8700, this is 2300 points upwards movement, so technically 550 points lower looks to be a good fall for the market, as future could be better, present situation is such that the chances for the market falling are more.

Dow jones index nearing to 8000 levels after falling heavily almost 300 points, it came back to positive closing up by 127 points , Current close is at 7969.
Staying above 8000 will be challenging, after the recent high of 8150 it made a low of 7791 which shows trading range of about 400 points. The market is slowly coming out of the bear phase, yet there will be lot of resistance in market as selling on top levels will come across by lot of people stuck up at higher levels, also chances of temperary fresh short positions being built, market has covered lot of ground since its earlier lows of 6440, about 1750 points.

Looking forward to todays trading, must watch as

• News regarding freddie mac official who is found dead. 
• At & T Quarter 1 earnings have dropped by 9.7%
• Volkswagen AG (Germany) , europes largest car manufacturer of germany declares lower profits by 74% compared to last year figures.
• Losses Posted by Quantinental Airlines
• Boeing the largest aircraft manufacturer says its 1st quarter profit declined by 50% , due to global recession orders dropped during this period.

Dow Jones index up by almost 497 points in single trading session, markets started with 2% gains and at the end of trading session closed at highest level of the day, at 6.84% higher.

Major reason for gains was the rescue plan from obama for national credit system to take over $1 trillion mortgage securities via private investors.

Financial index gained maximum with more then 10% of upside.

This big leap has come after long time for the markets. Markets closed at 7775.86 almost 1250 points higher from its lows this month.

Dow Jones opened positive in opening session t later went down for then entire day, it hit a days low of 8469 and closed at 8564.5. In percentage terms it was down about 0.75%.

Last session of trade showed some recovery, still a very quiet session of trade compared to the kind of swings it has given.

Dow futures currently trading almost flat, very minor trade movements seen.

Heavy selling at the last session , us markets close at their lows,dow falls below 8000 at close of trading, asian markets opened lower and very weak.

Dow opened higher, with some quick movements up and down, finally sliding to move 100 points down. Market is range bound with 8250 at lower side and 8500 at higher. Markets have fallen slowly, with news of home construction at its lowest growth rate, traders uncertain to enter markets.

High of 8504, low of 8202.

Dow Jones, opened higher , went slightly lower then stayed up about 100 points, finally falling lower by 100 points, investors still nervous to keep any positions in current market situations as there is lack of positive news flows to drive the market. Selling pressure is constant at higher levels.

Dow index currently trading at 8200 down by 73 points.

Days high : 8477

Days Low: 8152

Dow closed 151 points up, at 8424.75

Dow Jones opened 100 points lower on start of 1^st day of week ie Monday morning, and went on dropping downwards at 8282.5, lot of negative sentiments amongst investors with economic, worries job cut news from Citigroup were the major reasons leading to this fall.

Dow started moving upwards from its low, reached 8360 and then dipped again 8300 level. There was a very fast covering from this level, within just matter of 10 minutes the index moved from 8300 to 8450. The dow is currently trading at 8533, up by 50 points. The covering came in late after European markets closed trade for the day. The stock movements are very volatile today, swings are high and fast