The Jailhouse

[GEM]

Morning all who read this!!!

MARKET SNAPSHOT: U.S. Stocks Rebound From Worst Week In Five Months

Date :
11/12/2012 @ 10:14AM
Source :
Dow Jones News
Today : Tuesday 13 November 2012


By Kate Gibson, MarketWatch

NEW YORK (MarketWatch) -- U.S. stocks opened with modest gains Monday on thinking the standoff in Washington over automatic spending cuts and tax hikes could be resolved.

"If the 'fiscal cliff' is averted in the U.S., prospects for the U.S. economy are reasonably good in 2013," said Ed Yardeni, chief investment strategist at Yardeni Research Inc.

The uncertainty of whether politicians would reach an agreement and avoid more than $600 billion in automatic tax hikes and spending cuts otherwise cue to start in January was expected to keep equities on a volatile ride until an accord to reached.

U.S. stocks fell the most in five months last week as investors turned to newly re-elected President Barack Obama's budget standoff with the Republican-majority House of Representatives.

On Monday, the Dow Jones Industrial Average (DJI) climbed 22.45 points, or 0.2%, to 12,837.84.
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MY Poor IRA'S!!

Well, at least my Penny Stock account is growing...

IDGC..got any yet? What's your problem...going to
.05 by Friday,...Ok, don't believe me.

CLNP going at a good clip and STILL waiting for NEWS!! YUMMY!!

Penny Stocks are on fire...
choose wisely, do the DD and if you are unsure,
ASK someone smarter than you



Have a great day

gem in jail
10 more days