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What Happened In The Stock Market Nov. 7th-11th

Stock Market Report Period November 7-11, 2011
Over the last few weeks the stock market has been having quite a roller coaster ride. Activities have been pinned pretty much on the economic and political uncertainty in Europe. The situation in Greece and Italy has had a major impact on investing habits across the globe. Despite the ups and down during the past week, the stock market ended on a rise on Friday.

US Stock Market Activities for the Period
Friday saw the NY Stock Exchange having some positive gains with a few exceptions. The three main indicators, Dow Jones Industrial Average, Nasdaq and Standard & Poor (S&P) moved up by minute fractions, but any increase is a good sign no matter so small. The gains, according to CNN Money and the New York Times at close of business on Friday, November 11 were as follows:
1. Dow Jones Industrial Average (DJIA) closed the day at 11,893.86 points moving up by 112 points or a mere one percent.
2. Nasdaq Composite Index didn’t fare much better inching up by .1 percent to close at 2, 625,15.
3. Standard & Poor 500 (S&P 500) ended the day with 1,239.70 points, a 0.9 percent increase.
Only two of the companies that make up the 30 components in the Dow Jones ended the week with a negative movement, namely Bank of America and American Express Company.

Commodities Market and the European Debt Crisis
As can be expected, the debt crisis in Europe is affecting other key areas of economic markers worldwide. As the crisis seems to be on the verge of settling down, crude oil prices have started to inch upwards. The New York Mercantile Exchange shows crude oil prices closing the day (11/11/11) at $98.99 per barrel, an increase of $1.21. This increase may continue if the overall outlook for economic growth begins to improve globally.
On the US front, soybeans prices rose and corn prices fell. The increase in soybeans resulted from lower than expected production resulting from adverse conditions such as drought. According to the U.S. Department of Agriculture, only 82.9 metric tons of soybeans will be produced; which represents roughly 8.5 percent lower than expected production figures for the period.
Livestock farmers move towards using wheat as feed has negatively impacted the price of corn. Corn prices fell to $6.39 per bushel on the Chicago Board of Trade (CBOT) as corn futures fell 1.1 percent for December delivery according Bloomberg News.

Job Market Report Shows Slight Improvement
Reports reveal that there were fewer requests for unemployment benefits during the week under review. The Labor Department statistics for the week of October 29 showed claims for the period fell from 406,000 the week prior to 397,000 during the first week of November. This small change may be an indication that the job market maybe be improving, albeit slowly. This has been the lowest figures for unemployment claims for over a month.
While not meeting the 95,000 new non-agricultural jobs predicted by economists polled by Reuters, there was an increase of 80,000 jobs during October. Most of the new jobs were in the education, health, leisure and hospitality sectors. This increase has not done much to improve unemployment rates, which have inched down by one percent to close at 9 percent over September. Another factor to keep in mind is that the government sector is cutting jobs while the private sector is making modest employment gains.
All eyes will be on the market when it opens on Monday, November 14, to see whether the yo-yoing status will continue or whether there will be more positive gains. Most players in the market will be keyed into the activities on the Italian front as three billion Euro five-year bonds will be auctioned.

© 2011 Beating The Stock Market

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Gold Climbs Above $1600

Only three weeks ago I spoke about the price of gold falling below $1500 per ounce. What I said was if the economic woes continue even with all the hype of how our economy is improving, I expect gold prices to keep climbing. I also said that I don’t trust any government at this time.

Today gold prices climbed above $1600 after eleven straight days of climbing because of fears of the federal government will not be able to raise the debt ceiling. The precious metal hit an all time record high against the Euro and sterling. Gold has been strong ever since Europe has been trying to bail out Greece for the second time and to avoid the European debt crisis. Add to the fact that the Obama Administration and Congress have been unsuccessful in coming to an agreement to raising the debt ceiling.

If you didn’t think it could climb any higher, I would seriously take a look at the technical charts which seem to point to gold moving above $1700 as soon as this fall and many think a move to over $2000 per ounce isn’t too far fetched as it once was.

When you think about adjusting for inflation, gold is still not as high as it could be in relation to the price in 1980 near the end of the Carter Administration. As I said three weeks ago, I don’t have faith in the federal government to do the right thing and lower the spending and not to raise the debt ceiling. With that in mind, I still think that gold is a great investment at this point. I feel it will remain high until after next year’s election. If for some reason the government can put some sort of plan in motion to reduce the deficit, gold will take a plunge and a big one at that.

In the meantime, silver has also done well over the last three weeks when it closed at $33.59. It closed today at $40.27, topping the $40 mark for the first time since May. Silver has climbed more than 15% in just the last two weeks.

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Commodities: A Gift To My Children

If you’ve been reading this blog for any length of time, you know that I’m expecting to see the stock market take another plunge. So where are we to invest? Commodities, that’s where. Commodities like gold, silver other precious metals, oil, natural gas corn and sugar can not be printed in a few minutes or hours. It can not be manipulated as easily as any government currency. The Federal Reserve is printing money like they’re Kinko’s or something.

I’ve been building up a nest egg of commodities for sometime. It’s not something I’m doing because of the current situation of the U.S. economy (actually I’m am buying more than I’ve done in the past), I’m doing it for my children. My daughters are teenagers and soon enough they’ll be on their own looking to make it in this world. who knows what the world currency is going to look like in just a few short years. If the United States doesn’t do something now to solidify their financial sovereignty, who knows how things will be. Right now oil is traded in U.S. dollars and China and the United Emirates are discussing reducing their holdings in U.S. dollars and not using the dollar has a the way to trade oil.

So what should you be buying? Gold and silver are the best things at this moment that average investors could and should be investing in. Gold is trading this morning at $1,518 an ounce and silver is trading at $34.74 an ounce. I know you’ve heard the advertisments, seen the ads and listened to the stock news programs stating that we should be buying gold and silver. So have you been buying gold and silver? If you haven’t, remove your head from your butt and do so. Yes gold was trading at less than $1200 on ounce last year and silver was going for about $12 an ounce, but they’re going to be much higher next year so don’t waste time.

There’s a new book out from a man who retired at the age of 37 after making his money the old fashion way…he earned it. Jim Rogers worked as a young kid and a teenager, to investing his money in the markets. His new book, ‘A Gift to My Children A Father’s Lessons for Life and Investing’ helps us prepare our children for the trouble times that are coming in the near and the distant future. Jim discusses the troubled times ahead for the U.S. dollar, he actually believes it’s “doomed”. The book is a great source for teaching our children about investing and other life lessons they’ll need to survive in this world.

Click the book to view or purchase.





I’ve been showing my girls how to trade stocks, look into real estate investments and investing in precious metals. This book helps to bring the message home about how important it is for parents to teach their children how to prepare for the future. I feel that too many of the younger generation is not aware of how to be financially savvy. Especially since the public school system doesn’t have time to teach the students how to balance a checkbook, nevermind invest in themselves.

So pick up Jim Rogers’ book ‘A Gift to My Children A Father’s Lessons for Life and Investing’ at Amazon or any bookstore. You won’t be disappointed.

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All About Global Macro Trading

The global macro trading system can work effectively for every trader. If you have an already established system that works for you, why not expand it to participate in global macro trading?


If you have already been an established day trader, have you considered gravitating into a market that has more options such as the entire planet? Similar to a doctor attempting to diagnose an ailment, you have to search and then search once again to reach the end result. At times, the doctor will prescribe medications that just don’t seem to work, and you go back to the doctor to try something different. Well, it is no different in the stock market. You may think you are on track and it fails, so you attempt something different up until you find something that works.

If you are a stock trader, you understand this methodology. You have your system tweaked to the point where you know how to check your price to earnings and then price to book. You also look at the return you will receive on your equity, right? The better the system you have built, the better protection you have in the market thus improving your risk to rewards. The stock market is not an easy business. Sometimes it becomes a matter of trial and error. Eventually, we are fortunate and then other times, we tend to lose. The more educated you are the better a risk to reward you will have.


The global macro trading market provides an edge as it is worldwide, which means you can trade any instrument using the strategy you have developed globally. That means your chances of locating the best investment are greater. This market has really made a tremendous comeback compared to the last couple of years of trading. This is because a lot of people were trading long and leveraged. The macro traders however were shorting housing and financials then going long and doing some real interesting trading in short treasuries and dabbling in the commodities market.


What this really means is the global macro trading market provides a lot of options to test a variety of strategies. So if you set up your strategies to build on a model that you wish to invest, in you could be a real winner. This is a specialized market and the person who is new to stock trading might want to educate themselves before becoming active. If you are an active day trader that utilizes the same stocks day in and day out, you might not have an interest in global macro trading. However, anyone else that wants a variety and has a need to venture into a new market with a high variety, then global macro trading might be for you.

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