Friday, March 13, 2009
Thursday, March 12, 2009
Wednesday, March 11, 2009
Tuesday, March 10, 2009
Sunday, March 08, 2009
8:01 pm - Market Outlook by Bill Wermine
Dear Traders,
Next Saturday and Sunday, 14 15 March , Martin and I will be at the ATIC Investors conference at the KL Convention Center. I will be speaking on Support and Resistance Simplified at 9 AM on Saturday. Martin will be at our table to showcase his new CD - Point and Figure Simplified as well as our CD Support and Resistance Simplified which is a video shoot of the presentation I will deliver. Price for these CDs is very reasonable.
If you would like a free ticket to the ATIC click on the banner at the bottom of my home page- www.Tradethetruth.com
There will be many speakers including trader Darul Guppy who is very straightforward, simple and the real deal. I urge you to come and listen to him as well as the other speakers. There is bound to be something that can improve your trading results.
Expect more range trading next week in the KLSE but stability due to strength in CPO.
Until the banking crises in the US is resolved which is having spill over effects in all the world markets, don't expect much movement in the KLSE.
Since Obama took power the Dow Jones has collapsed over 20 % and unemployment has jumped to 25 year highs. General Motors has fallen to a 75 year low. It seems the market is a good judge of Obama's character. Remember price and volume never lie and the truth is that Obama has failed miserably.
When I started in this business in 1974 , my mentor told me that GM was a bellweather for the US Stock market. This is because of exposure to steel, rails, high tech, copper, rubber and a host of other vital industries including defense. Now the Dow is about to lose a company which is a reflection of the economic health of the US economy. Thousands more workers will lose their jobs.
Obama is not taking the decisive steps to save the sinking ship. He still panders to special interests, chronies, union bosses,
and the powerful political elite. He promised to shut down the Iraq war but he does so gradually and reluctantly while sending thousands of more troops to Afganistan to fight in a quagmire. The Afgans have never been defeated- the British, Russians tried and failed- Do you think the Americans can do any better ?
The winners are the same political interests and favored defense contractors who benefited from the Bush administration.These special inrests will support Obama in the next election with handsome campeign contributions. Business as usual.
What can we do ? We can not fight city hall. Learn to short sell/ trade KLSE futures/ trade currencies/ commodities such as CPO and profit from the man made credit disaster created by the Wall St con artists. Upgrade your trading knowledge
If you wish to invest, Man AHL is the only investment I recommend at this moment as it profits the most when the world economy is at its worst.I invite you to check its performance- one of the few funds that made money in 2008. Call me or Martin if you want to invest. http://www.maninvestments.com.au/ahldiversifiedaud/index.cfm?r_id=CANOPUS&CFTOKEN=57794096
Have a good week ahead,
Bill
Next Saturday and Sunday, 14 15 March , Martin and I will be at the ATIC Investors conference at the KL Convention Center. I will be speaking on Support and Resistance Simplified at 9 AM on Saturday. Martin will be at our table to showcase his new CD - Point and Figure Simplified as well as our CD Support and Resistance Simplified which is a video shoot of the presentation I will deliver. Price for these CDs is very reasonable.
If you would like a free ticket to the ATIC click on the banner at the bottom of my home page- www.Tradethetruth.com
There will be many speakers including trader Darul Guppy who is very straightforward, simple and the real deal. I urge you to come and listen to him as well as the other speakers. There is bound to be something that can improve your trading results.
Expect more range trading next week in the KLSE but stability due to strength in CPO.
Until the banking crises in the US is resolved which is having spill over effects in all the world markets, don't expect much movement in the KLSE.
Since Obama took power the Dow Jones has collapsed over 20 % and unemployment has jumped to 25 year highs. General Motors has fallen to a 75 year low. It seems the market is a good judge of Obama's character. Remember price and volume never lie and the truth is that Obama has failed miserably.
When I started in this business in 1974 , my mentor told me that GM was a bellweather for the US Stock market. This is because of exposure to steel, rails, high tech, copper, rubber and a host of other vital industries including defense. Now the Dow is about to lose a company which is a reflection of the economic health of the US economy. Thousands more workers will lose their jobs.
Obama is not taking the decisive steps to save the sinking ship. He still panders to special interests, chronies, union bosses,
and the powerful political elite. He promised to shut down the Iraq war but he does so gradually and reluctantly while sending thousands of more troops to Afganistan to fight in a quagmire. The Afgans have never been defeated- the British, Russians tried and failed- Do you think the Americans can do any better ?
The winners are the same political interests and favored defense contractors who benefited from the Bush administration.These special inrests will support Obama in the next election with handsome campeign contributions. Business as usual.
What can we do ? We can not fight city hall. Learn to short sell/ trade KLSE futures/ trade currencies/ commodities such as CPO and profit from the man made credit disaster created by the Wall St con artists. Upgrade your trading knowledge
If you wish to invest, Man AHL is the only investment I recommend at this moment as it profits the most when the world economy is at its worst.I invite you to check its performance- one of the few funds that made money in 2008. Call me or Martin if you want to invest. http://www.maninvestments.com.au/ahldiversifiedaud/index.cfm?r_id=CANOPUS&CFTOKEN=57794096
Have a good week ahead,
Bill
Saturday, March 07, 2009
8:45 am - A late bounce Friday pared heavy losses on the stock market for the week
By Peter A. McKay and Rob Curran
A late bounce Friday pared heavy losses on the stock market for the week as bargain hunters came in tohelp General Electric recover some of its losses.GE rose 6% to $7.06, but remained down 17% on the week."People are going to pull their money back," said Frank Beck, chief investment officer at Capital FinancialGroup in Austin, Texas. "Really, how much demand is there for stocks? You can look at all the great fundamentalsin world, but if there's not a demand for the stock, it really doesn't matter. I learned that point blankin the last few months."Friday, a Labor Department report showed nonfarm payrolls declined 651,000 in February and that job lossesin the two previous months were worse than thought. The unemployment rate rose to 8.1%, the highest sinceDecember 1983. Some economists think it could hit 10% by the end of next year.Fears that some iconic companies would have to seek yet more government assistance continue to rise.General Motors fell 41 cents, or 22%, to 1.45, and declined 36% on the week. The auto maker said it stillaims to restructure its business without recourse to bankruptcy courts. The Wall Street Journal had reportedthat GM was weighing a "prepackaged" bankruptcy option.Citigroup tacked on a penny, or 1%, to 1.03, and lost 31% on the week as traders retreated from the equityof a bank that's had three successive rescues from the U.S. government.The Dow closed up 32.50 points at 6626.94, but is off 6.1% on the week.The S&P 500 Index finished up slightly 0.12% to 683.38. The tech-oriented Nasdaq Composite Index slid0.4% at 1294, as Apple fell 4% after analysts at J.P. Morgan cut their estimates for the computer and(Mary Pilon and Geoffrey Rogow contributed to this report.)You can use this link on the day this article is published and the following day.-0-Copyright (c) 2009 Dow Jones & Company, Inc.
A late bounce Friday pared heavy losses on the stock market for the week as bargain hunters came in tohelp General Electric recover some of its losses.GE rose 6% to $7.06, but remained down 17% on the week."People are going to pull their money back," said Frank Beck, chief investment officer at Capital FinancialGroup in Austin, Texas. "Really, how much demand is there for stocks? You can look at all the great fundamentalsin world, but if there's not a demand for the stock, it really doesn't matter. I learned that point blankin the last few months."Friday, a Labor Department report showed nonfarm payrolls declined 651,000 in February and that job lossesin the two previous months were worse than thought. The unemployment rate rose to 8.1%, the highest sinceDecember 1983. Some economists think it could hit 10% by the end of next year.Fears that some iconic companies would have to seek yet more government assistance continue to rise.General Motors fell 41 cents, or 22%, to 1.45, and declined 36% on the week. The auto maker said it stillaims to restructure its business without recourse to bankruptcy courts. The Wall Street Journal had reportedthat GM was weighing a "prepackaged" bankruptcy option.Citigroup tacked on a penny, or 1%, to 1.03, and lost 31% on the week as traders retreated from the equityof a bank that's had three successive rescues from the U.S. government.The Dow closed up 32.50 points at 6626.94, but is off 6.1% on the week.The S&P 500 Index finished up slightly 0.12% to 683.38. The tech-oriented Nasdaq Composite Index slid0.4% at 1294, as Apple fell 4% after analysts at J.P. Morgan cut their estimates for the computer and(Mary Pilon and Geoffrey Rogow contributed to this report.)You can use this link on the day this article is published and the following day.-0-Copyright (c) 2009 Dow Jones & Company, Inc.
Friday, March 06, 2009
Thursday, March 05, 2009
Wednesday, March 04, 2009
Tuesday, March 03, 2009
Monday, March 02, 2009
Saturday, February 28, 2009
8:09 am - U.S. stocks pushed to newer bear market lows
By Geoffrey Rogow Of DOW JONES NEWSWIRESNEW YORK (Dow Jones)--U.S. stocks pushed to newer bear market lows as an expanded federal rescue of Citigroupand a dividend cut for General Electric hit even more of their share values and the broader market.In the last day of trading for February, traders did exactly what they had for most of the month, eitherselling out of or shorting large banking stocks. Pacing off the day's decline, Citigroup closed down96 cents, or 39%, at 1.50, after the U.S. Treasury Department said it is willing to convert up to $25billion of its preferred stock holdings into common stock in a move that would give the government a36% share of the giant bank.Over the last few weeks, concern that banks would need even more capital has damped share prices acrossthe sector. And those few traders willing to even play in banking stocks are mostly holding short positions.According to Data Explorers, a short-selling data research firm based in New York and London, 2.6% ofCitigroup is now out on loan, up nearly 38% from just less than two weeks ago."I don't plan on buying any banks anytime soon. That industry is going to zero, some winners, some losers,"said Keith Walter, a portfolio manager at Artio Global Investors.With the slide for banking stocks, the Dow Jones Industrial Average closed down 119.15 points, or 1.66%,at 7062.93, marking its lowest point since April of 1997 and surpassing its previous bear market lowof 7114.78, hit on Monday. The index lost 302.74 points, or 4.11%, for the week.The Dow, which dropped 12% this month, had its worst February since 1933. During the month, 20 of the30 components reset their 52-week lows, with 13 hitting 52-week lows at some point during Friday's session.Meanwhile, the broad Standard & Poor's 500 fell 17.74, or 2.36%, to 735.09, pushing to its lowest closesince Dec. 18, 1996. The S&P 500 lost 34.96 points, or 4.54%, for the week, and 90.79, or 10.99%, forthe month. Financial stocks in the index paced Friday's decline, losing more than 7%.The Nasdaq Composite Index closed down 13.63, or 0.98%, at 1377.84, though the index remains above itsNov. 20 closing low of 1316.12. For the week, the Nasdaq lost 63.39, or 4.4%, and for the month, it lost98.58, or 6.68%.Further damping the broad indexes, General Electric said its board is expected to slash the dividend to10 cents from 31 cents starting in the second-half of the year. The stock closed off 59 cents, or 6.5%,at 8.51.Investors were also given little to celebrate on the economic-data front as a revised report showed theU.S. economy slumped more deeply than previously thought in the fourth quarter. As the tone on banksand the economy continues to weaken, the government has moved aggressively with both the stimulus packagepassed this week and the latest backstop for Citigroup.Still, that the government has had to come in so aggressively, in itself has given many reason to further stay away from stocks."That the marginal buyer of assets in this country is the federal government is not a good indicationof how free the capital markets are," said Nicholas Colas, chief market strategist at BNY ConvergEx.(David Benoit contributed to this report.)You can use this link on the day this article is published and the following day.-0-Copyright (c) 2009 Dow Jones & Company, Inc.
Friday, February 27, 2009
Thursday, February 26, 2009
Wednesday, February 25, 2009
4:32 pm - Man Fund Talk next week !
Dear Traders Club member,
Your chance to meet Mr Sam Gibson of Man Investments to answer any of your questions as well as the CIO of Phillip Capital Mgt Mr Ang Kok Heng at an exclusive Investment Seminar Talk organised by Phillip Capital Management Sdn Bhd.
You are cordially invited to learn how to enhance your portfolio
Details of the talk are as below:
Date : 3 March 2009 (Tuesday)
Time : 7.00pm - 9.45pm
Venue : Westside Room 1, 2 & 3, Level 8,
Boulevard Hotel, Mid Valley City,
Lingkaran Syed Putra,
59200 Kuala Lumpur (See map attached)
7.00 pm Registration
7.30 pm Alternative Investment Opportunities Through Man Investment
by Mr Sam Gibson of MAN Investment
8.30 pm BREAK*
8.45 pm Trend Following CTA
by Mr Ang Kok Heng, Chief Investment Officer of Phillip Capital Management Sdn Bhd
9.45 pm Question and Answer Session
Please RSVP to myself at 012 685 1207or Susan at 03-2783 0300 or e-mail susan@poems.com.my to register as only limited seats are available. This seminar is free of charge.
Thank you.
Warmest regards,
Bill and Martin
012 685 1207
Your chance to meet Mr Sam Gibson of Man Investments to answer any of your questions as well as the CIO of Phillip Capital Mgt Mr Ang Kok Heng at an exclusive Investment Seminar Talk organised by Phillip Capital Management Sdn Bhd.
You are cordially invited to learn how to enhance your portfolio
Details of the talk are as below:
Date : 3 March 2009 (Tuesday)
Time : 7.00pm - 9.45pm
Venue : Westside Room 1, 2 & 3, Level 8,
Boulevard Hotel, Mid Valley City,
Lingkaran Syed Putra,
59200 Kuala Lumpur (See map attached)
7.00 pm Registration
7.30 pm Alternative Investment Opportunities Through Man Investment
by Mr Sam Gibson of MAN Investment
8.30 pm BREAK*
8.45 pm Trend Following CTA
by Mr Ang Kok Heng, Chief Investment Officer of Phillip Capital Management Sdn Bhd
9.45 pm Question and Answer Session
Please RSVP to myself at 012 685 1207or Susan at 03-2783 0300 or e-mail susan@poems.com.my to register as only limited seats are available. This seminar is free of charge.
Thank you.
Warmest regards,
Bill and Martin
012 685 1207
Tuesday, February 24, 2009
Monday, February 23, 2009
10:04 am - Market Report by Bill Wermine
Dear Traders,
Just returned from Singapore for a business/pleasure trip via Air Asia. Singapore is in a major slowdown because of exposure to the banking and finance industry. Thousands of workers are jobless- there are major department store sales on Orchard Road where we stayed in the Holiday Villa Park View. I bought some high quality Berkshire shirts- I am not sure if this is Warren Buffet's shirt company ? - for a 70 % discount.
Even so customer traffic is light and sales ladies are so agressive to pull you into their shops and get angry if you dont buy. Even traffic at the Singapore zoo was light- only a 3 minute wait to buy a ticket. There were more animals than tourists. The animals however were impressive- including 2 white tigers, pygmy hippos, a polar bear and a herd of mongooses.
The facility was well managed, very clean and very helpful zoo keepers. One explained to me there are only 5000 wild tigers left in the whole planet while in 1900 there were over 200,000. Many of the animals in the zoo are endangered and becoming more endangered due to human greed, pollution and global warming.
I think our world financial system has become disfunctional due to human greed, corruption, mismanagement much as the animal kingdom has been plundered. The zoo had a picture of the last Australian Tazmanian Tiger who became extinct in 1931.
when he died in the Brisbane zoo.
It looks like some major banks, insurance and auto companies such as GM may soon become extinct for the same reasons that so many animal species became extinct.
I met with Tim Peach of Man Investments to get answers to those of you who have concerns.
Bottom line: Your capital guarantee is safe as your money is protected by the AUD government bank deposit scheme. The AUD banks just as Malaysian banks are not involved in credit derivatives, sub prime mortages and the pyramid scheme products that have collapsed the financial house of cards in Europe and the US.
He also explained in detail that Man should perform well in 2009 if everything else goes down the drain.
I had the pleasure to meet with Mr Lim who is the chairman of Phillip Capital. who explained in a simple way how this financial disaster happened and what to expect in the months ahead. He said there will be trading opportunities. He also said if we buy any shares they must have strong cash flow be the strongest of the strong with long term track records- There willbe sharp rallies within the context of the world bear market.
In our next Traders club will share his insights.
Although almost everything in Singapore is on sale there is one thing that is not: I tried to buy some gold maple leafs, Kruger rands and the gold shops are refusing to sell. They say the gold coins in the display case are only for display and not for sale !
Hold on to your gold, it will be very volatile and we may see more upside in weeks ahead.
Have a good week ahead
Bill
Just returned from Singapore for a business/pleasure trip via Air Asia. Singapore is in a major slowdown because of exposure to the banking and finance industry. Thousands of workers are jobless- there are major department store sales on Orchard Road where we stayed in the Holiday Villa Park View. I bought some high quality Berkshire shirts- I am not sure if this is Warren Buffet's shirt company ? - for a 70 % discount.
Even so customer traffic is light and sales ladies are so agressive to pull you into their shops and get angry if you dont buy. Even traffic at the Singapore zoo was light- only a 3 minute wait to buy a ticket. There were more animals than tourists. The animals however were impressive- including 2 white tigers, pygmy hippos, a polar bear and a herd of mongooses.
The facility was well managed, very clean and very helpful zoo keepers. One explained to me there are only 5000 wild tigers left in the whole planet while in 1900 there were over 200,000. Many of the animals in the zoo are endangered and becoming more endangered due to human greed, pollution and global warming.
I think our world financial system has become disfunctional due to human greed, corruption, mismanagement much as the animal kingdom has been plundered. The zoo had a picture of the last Australian Tazmanian Tiger who became extinct in 1931.
when he died in the Brisbane zoo.
It looks like some major banks, insurance and auto companies such as GM may soon become extinct for the same reasons that so many animal species became extinct.
I met with Tim Peach of Man Investments to get answers to those of you who have concerns.
Bottom line: Your capital guarantee is safe as your money is protected by the AUD government bank deposit scheme. The AUD banks just as Malaysian banks are not involved in credit derivatives, sub prime mortages and the pyramid scheme products that have collapsed the financial house of cards in Europe and the US.
He also explained in detail that Man should perform well in 2009 if everything else goes down the drain.
I had the pleasure to meet with Mr Lim who is the chairman of Phillip Capital. who explained in a simple way how this financial disaster happened and what to expect in the months ahead. He said there will be trading opportunities. He also said if we buy any shares they must have strong cash flow be the strongest of the strong with long term track records- There willbe sharp rallies within the context of the world bear market.
In our next Traders club will share his insights.
Although almost everything in Singapore is on sale there is one thing that is not: I tried to buy some gold maple leafs, Kruger rands and the gold shops are refusing to sell. They say the gold coins in the display case are only for display and not for sale !
Hold on to your gold, it will be very volatile and we may see more upside in weeks ahead.
Have a good week ahead
Bill
Saturday, February 21, 2009
8:13 am - US Stocks slide due to Bank.
By Geoffrey Rogow Of DOW JONES NEWSWIRESNEW YORK (Dow Jones)--
Stocks limped their way through Friday's session, with the usual suspects in theDow Jones Industrial Average pushing the bellwether index even further past its bear-market lows.Leading the decliners Friday in the Dow were Citigroup, off 56 cents, or 22%, to 1.95; Bank of America,down 14 cents, or 3.6%, to 3.79; General Electric, down 68 cents, or 6.8%, to 9.38; and General Motors,off 23 cents, or 12%, to 1.77. Overall, five of the 30 Dow components now trade below $10, a previouslyincomprehensible development, with traders saying the idea that buying large company stocks in and ofitself would keep them safe has broken.Despite finishing lower, large banks closed well above their lows of the day. Comments from the WhiteHouse that it wishes to see banks remain in private hands helped pare some declines, though talk of nationalizationstill dominates. Few were willing to hold onto a bank stock over the weekend.
The Financial Select Sector SPDR Fund closed down 1.5% at 7.44, after hitting a low point of 6.85 on the session.Traders have largely bemoaned any nationalization plan, noting that while such a move could benefit shareholderslong-term, should banks' financial assets continue to deteriorate there is an argument that the capitalbasis could evaporate to the point that shareholders would be left with nothing.Not to be ignored for banking stocks was the continued crowd into a "fear trade." Gold prices hit $1,000an ounce early in the session, while Treasury securities gained throughout the day's trade.For equities, the fear trade isn't just to sell stocks but to bet on a decline. Notably, puts, or theright to sell banking stocks, have ratcheted up for the better part of a month. Moreover, short-interestlevels for banking stocks such as Citigroup, Bank of America and even General Electric have moved higherin the past two weeks."It's basically impossibly hard to call a bottom for bank stocks," said Craig Peckham, equity tradingstrategist with Jefferies. "And with the inability of the marketplace to pinpoint any base value forbanks, the loss story and capital-erosion picture continues to drive shorts."Overall, the Dow closed down 100.28 points, or 1.34%, at 7365.67, bouncing back from a midday slide below its October 2002 closing low of 7286.27.While the Dow Jones Industrial Average already hit a more than five-year low, the Standard & Poor's indexgot perilously close and then bounced for part of the afternoon. The S&P 500 Index closed down 8.89,or 1.14%, at 770.05 after hitting a low of 754.23, near its November closing low of roughly 752.The Dow closed the week down 484.74 points, or 6.17%, while the S&P 500 slid 56.79, or 6.87%. The declinefor the Dow was its worst week since the week ended Oct. 10.The Nasdaq Composite Index closed Friday down 1.59 points, or 0.11%, at 1441.23, finishing the week down 93.13, or 6.07%.Further hurting the broad indexes, General Electric, the industrial bellwether that also has large financialexposure, closed under $10 for the first time since Sept. 11, 1995.GE shares have been battered along with the banks and are off 42% for the year to date, with balance-sheet concerns driving much of the slide.Small-cap General Motors was the second-worst performer on the Dow as worries continued over the company's latest recovery plan won't work.Still, despite the broad indexes' moves below November levels, other market indicators have not followedsuit. Notably, the CBOE Market Volatility Index closed up 4.9% at 49.37, well off its November highsYou can use this link on the day this article is published and the following day.-0-Copyright (c) 2009 Dow Jones & Company, Inc.
Stocks limped their way through Friday's session, with the usual suspects in theDow Jones Industrial Average pushing the bellwether index even further past its bear-market lows.Leading the decliners Friday in the Dow were Citigroup, off 56 cents, or 22%, to 1.95; Bank of America,down 14 cents, or 3.6%, to 3.79; General Electric, down 68 cents, or 6.8%, to 9.38; and General Motors,off 23 cents, or 12%, to 1.77. Overall, five of the 30 Dow components now trade below $10, a previouslyincomprehensible development, with traders saying the idea that buying large company stocks in and ofitself would keep them safe has broken.Despite finishing lower, large banks closed well above their lows of the day. Comments from the WhiteHouse that it wishes to see banks remain in private hands helped pare some declines, though talk of nationalizationstill dominates. Few were willing to hold onto a bank stock over the weekend.
The Financial Select Sector SPDR Fund closed down 1.5% at 7.44, after hitting a low point of 6.85 on the session.Traders have largely bemoaned any nationalization plan, noting that while such a move could benefit shareholderslong-term, should banks' financial assets continue to deteriorate there is an argument that the capitalbasis could evaporate to the point that shareholders would be left with nothing.Not to be ignored for banking stocks was the continued crowd into a "fear trade." Gold prices hit $1,000an ounce early in the session, while Treasury securities gained throughout the day's trade.For equities, the fear trade isn't just to sell stocks but to bet on a decline. Notably, puts, or theright to sell banking stocks, have ratcheted up for the better part of a month. Moreover, short-interestlevels for banking stocks such as Citigroup, Bank of America and even General Electric have moved higherin the past two weeks."It's basically impossibly hard to call a bottom for bank stocks," said Craig Peckham, equity tradingstrategist with Jefferies. "And with the inability of the marketplace to pinpoint any base value forbanks, the loss story and capital-erosion picture continues to drive shorts."Overall, the Dow closed down 100.28 points, or 1.34%, at 7365.67, bouncing back from a midday slide below its October 2002 closing low of 7286.27.While the Dow Jones Industrial Average already hit a more than five-year low, the Standard & Poor's indexgot perilously close and then bounced for part of the afternoon. The S&P 500 Index closed down 8.89,or 1.14%, at 770.05 after hitting a low of 754.23, near its November closing low of roughly 752.The Dow closed the week down 484.74 points, or 6.17%, while the S&P 500 slid 56.79, or 6.87%. The declinefor the Dow was its worst week since the week ended Oct. 10.The Nasdaq Composite Index closed Friday down 1.59 points, or 0.11%, at 1441.23, finishing the week down 93.13, or 6.07%.Further hurting the broad indexes, General Electric, the industrial bellwether that also has large financialexposure, closed under $10 for the first time since Sept. 11, 1995.GE shares have been battered along with the banks and are off 42% for the year to date, with balance-sheet concerns driving much of the slide.Small-cap General Motors was the second-worst performer on the Dow as worries continued over the company's latest recovery plan won't work.Still, despite the broad indexes' moves below November levels, other market indicators have not followedsuit. Notably, the CBOE Market Volatility Index closed up 4.9% at 49.37, well off its November highsYou can use this link on the day this article is published and the following day.-0-Copyright (c) 2009 Dow Jones & Company, Inc.
Friday, February 20, 2009
Thursday, February 19, 2009
Wednesday, February 18, 2009
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