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Quotes with Resistance & Support

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Dow, S&P dip on banks, energy

Posted on: December 3rd 2009 in Market News.

NEW YORK (Reuters) – The Dow and S&P slipped on Wednesday, pressured by the financial and energy sectors, although the Nasdaq rose on positive news on online retailers such as Amazon. Investors also weighed mixed news on the labor market. Stocks pared early gains on concerns …

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Analyst: Up to 200 more banks may fail in crisis – Wall Street

Posted on: August 25th 2009 in Market News.

Rochdale Securities analyst Bove says 150-200 more US bank failures possible in current crisis CHARLOTTE, N.C. (AP) — Banking equities analyst Richard Bove said Sunday that it’s possible 150 to 200 more U.S. banks could fail in the current banking crisis, putting greater str…

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Nifty flat; ONGC, Reliance Infra, GAIL top gainers

Posted on: August 14th 2009 in Stock News.

At 12.09 pm, the Nifty was trading flat since morning and showed no signs of direction either way. Some buying interest was seen in oil & gas, metals, auto and power stocks. However, IT, FMCG, banking stocks were trading weak. The boarder indices were witnessing good buying interest….

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Stocks jump as fears ebb about bank ‘stress tests’ – Wallstreet

Posted on: May 7th 2009 in Press Releases.

NEW YORK (AP) — Investors felt more confident putting their money into banks on the eve of a government report card on big financial companies. Bank stocks pulled the market higher Wednesday as …

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Exclusive: Fed tests harder on regional banks – Wall Street

Posted on: April 22nd 2009 in Press Releases.

WASHINGTON (AP) — The government’s “stress tests” of 19 large U.S. banks take a harsher view of loans than of other troubled assets, according to a Federal Reserve document obtained by The Associated Press. That approach favors a few Wall Street banks while potent…

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Worst seen over, but market at mid-term resistance

Posted on: April 16th 2009 in Market Outlook.

MUMBAI: The recent rally across the global markets has surprised many analysts and economists, as they were of the view that the worst was still to come. …

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