Totally Free Market Analysis.com
Updated News on the Market
Weekly Update 9/11/09
Well, it looks like the stock market forgot to take a holiday this last week. The S&P was up 2.6% by weeks end and now its up 54.4% since the low in March.
The Federal Reserve reported that consumer credit dropped $21 billion back in July which is not good. So far we are looking at 6 straight drops in credit. Our trade deficit rose to $32 billion. The Cash for Clunkers program helped jump auto exports 24.5% and imports rose by 21.5%.
It is getting close the to end of Corporate earnings season. 75% of S&P 500 companies have gone above analysts' Q2 earnings predictions.
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