9.10.13

Most Active Stocks - Less Than $10 - Tuesday Oct 08, 2013

From: Google Finance

Market Chart













14,776.53-159.71(-1.07%)
1,655.45-20.67(-1.23%)
3,694.83-75.55(-2.00%)




NYSE MOST ACTIVE 

JCP      ALU      RAD

AMD      AA      NOK

NASDAQ  MOST ACTIVE

SIRI       TWGP      DRYS 

ZNGA     BBRY      PLUG

BRCD     FREE      FTR

Click to readObama to choose Yellen for top Fed job, markets relieved - U.S. President Barack Obama will nominate Fed number two Janet Yellen on Wednesday to run the world's most influential central bank, providing some relief to markets that would expect her to tread carefully in winding down economic stimulus. The nomination will put Yellen on course to be the first woman to lead the institution in its 100-year history. The advocate for aggressive action to stimulate U.S. economic growth through low interest rates and large-scale bond purchases would replace Ben Bernanke, whose second term as Fed chairman expires on January 31.

Click to read - Why I’m Very Happy About Janet Yellen - Yellen is quite simply more qualified for the job than any of her predecessors. She’s an imaginative and technically adept economist possessed of a brilliant and precise mind. As a researcher, she has made fundamental contributions to our understanding of unemployment and the importance of smoothing out the ups and downs of the economy. She has demonstrated an ability to navigate political corridors, having served successfully as the chairman of President Bill Clinton’s Council of Economic Advisers.

Click to read - US will reach solution on shutdown: ECB's Asmussen - The government of the United States will "find a solution" to the current shutdown "before the critical moment arises", a leading member of the European Central Bank told CNBC. ECB Executive Board Member Joerg Asmussen expressed confidence in the U.S. government, which is currently in partial shutdown because of the failure to reach agreement over a budget.

Click to read - Healthcare And Materials Remain In Focus - The overall market, as represented by an ETF such as the SPDR S&P 500, still remains in a uptrend despite the recent pullback. Healthcare and Materials sectors look strong heading into the week, and there are still lots of opportunities in strong stocks. Despite appearing to have respected support and likely heading higher, the correction could continue for equities. Stops are used to control risk, and trades only taken if the potential reward is likely to outweigh the risk.

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