Market Report: Stock Ticker

Market Updates
A late sell off knocked the stock market sharply lower before closing near its worst point of the session. The Dow and the S&P 500 finished 1.8% and 1.3% lower, respectively. The Nasdaq closed with a modest loss.


Thursday s loss concluded what was an overall pessimistic session. The tone was set early on after disappointing economic data was unveiled.

According to the latest government data, the U.S. economy expanded 1.9% in the second quarter, missing 2.3% gain economists were expecting. Though the top line of this number is a bit disappointing, its downside surprise is to a negative impact from inventories. What is more, trends in consumer spending, business investment, exports, and government spending were generally better than forecast.

Many Wall Street pundits and economists believe U.S. economic growth will not return to its full potential until housing has successfully turned around. Former Fed Chairman Greenspan stated in an interview on CNBC that home prices are no where near a bottom. He also acknowledged there

UK Market Updates

Searching for a price

There are a number of different routes you can use to access the price information.

From the main website homepage and from the Prices & news page you will see a Price Search panel with the instruction “Enter Name/code”. Here you can enter the company name, a TIDM code, a SEDOL code or an ISIN code. The search results will then display a list of all companies matching your search criteria. Clicking on the company name will then take you to the detailed price page for that company.

If there are a large number of stocks that match your search criteria they will be displayed on several separate pages. Navigate your way through these pages by clicking on the page numbers at the top or bottom of the table.

A more specific search facility is available within the Prices & News section by clicking on Companies & Prices. From this page you can search by name or code. You can also further define your search based on industry sector or index, by market, by international or landMARKTM region.

When you are in the Companies & Prices section you will see a number of options down the left hand navigation menu e.g. AIM, landMARK, techMARK mediscience, Covered Warrants etc. These options will take you to the relevant price search page.

Stock Market Summary - Provided by Briefing.com

2008-07-28 16:20 ET Dow -239.61 Dow Close 11131.08 Nasdaq -46.31 Nasdaq Close 2264.22 S&P -23.39 S&P Close 1234.37 Nasdaq100 -2.4 SandP_Midcap400 -1.2 Russell2000 -2.0 NYAdv 857 NYDec 2289 NQAdv 690 NQDec 2126

Monday was not a good session for stock market bulls. Stocks tumbled 1.9%, settling at session lows, after the financial sector was unable to hold onto its opening gains, prompting a broad-based sell off. A 1.2% rise in oil...

Market Update

Weekly Recap - Week ending 25-Jul-08

The stock market was unable to build on the prior week's gains, but it wasn't for a lack of trying. In turn, it wasn't because it lacked catalysts either.

Oil prices slipped another 4.7% to $123.34 per barrel, the financial sector was up as much as 10.6% at its high for the week, earnings news was generally better than expected (or feared in some cases), and Congress, by all accounts, was on the verge of passing a housing bill that the president already said he would sign into law.

The surge in financials early in the week stemmed from a continuing sense of relief that there wasn't another round of dilutive capital raising efforts and the idea that Fannie Mae and Freddie Mac weren't going to be allowed to fail.

Bank of America kicked off the reporting for the financial sector this week and it did so a relatively good note, offering an indication that its intention is to maintain its current dividend. In contrast, Wachovia, Regions Financial, and Fifth Third all cut their dividend, yet none signaled that they would have to raise more capital through a stock offering.

The enthusiasm toward the financial stocks ended in a hurry on Thursday, though, when the sector dropped 6.8% and suffered its largest decline in more than eight years.

The thinking that the sector had gone too far, too, fast, coupled with the return of worries about the sector's financial condition, which followed many reports of large increases to provisions for loan losses, led to the reversal of fortune. From its high on Wednesday to its close on Friday, the sector dropped 9.7%.

From our vantage point, the financial sector pullback should not have been seen as a surprise.

CRASH ALERT UPDATE

As overviewed in my June "Stock Market Crash Alert", based upon Dow Theory, the Elliott Wave Principle and other forms of technical analysis, there is a high probability the a "Grand Supercycle" collapse in stock prices and mass mood is now underway that will ultimately outline the collapse of Western Civilization.

At the current juncture, there is the possibility that a full-scale global financial panic is developing that could result in a crash as soon as the coming week. However, I deem this to be a low probability with the greater likelihood being that a significant "dead cat bounce" is due for the stock market after which the crux of the "Grand Supercycle crash" should be expected to unfold....possibly in the "Fall" of this year.