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Market Review November 9, 2009

Investors gave stocks the boost they needed, the Dow Jones Industrial Average hit new highs for 2009, it rose 199 points to 1, 223.09, Nasdaq Composite Index rose 32 points and the Standard & Poor’s 500 Index rose 41 points. November is typically a good month for stocks to get a boost; investors were making sure that stood true. Bond prices rose, the yield on the benchmark 10- year Treasury note fell to 3.48 from 3.50 Friday. Commodities such as gold and oil both rose in the trading session; the dollar however fell against other currencies.

Free Daily Stock Picks activity and results for November 9, 2009:

TRGT - position entry at 21.38, 1st Target Level hit for a gain of 0.32 points
EXEL - position entry at 7.18, EOD price hit for a loss of 0.13 points
CBY - position entry at 49.94, 2nd Target Level hit for a gain of 1.50 points
FLR - position entry at 46.53, Stop hit for a loss of 1.00 point

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