SmarTrend analyzes over 5,000 stocks simultaneously on an intraday basis using its pattern recognition technology to give you real-time alerts for stocks on the move -- so you can maximize your trading results. Let our system increase your market awareness.
Market Comments & Wrap-Ups
- 9/30/2009 1:15:04 PM
By Chip Brian, SmarTrend Analytics Team
Last updated September 30, 2009: 12:45 PM ET --- The major U.S. equity indices are trading lower Wednesday, the final day of the quarter, after a surprisingly good September. The Chicago purchasing manager's index's monthly fall to 46.1, from 50 in August, included a decline in new orders, which is considered a factor that doesn't give much hope for Q4 production. However, economists still expect a small increase in the national ISM index, which is being released tomorrow, and is considered less volatile than the Chicago PMI index. In corporate news, utilities and health-care shares fronted the market's broad decline. The Dow Jones Industrial Average is down 0.50% at 9,693.16, the S&P 500 is down 0.42% at 1,056.11, and the Nasdaq Composite is down 0.07% at 2,122.51.
Contact Chip Brian
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html
|