Todays Dow Jones Industrial Average DJIA Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Today

XCSFDHG46767FHJHJF

dow2664 Stocks experienced rebounds during the last trading session in the U.S. Prior to the day’s opening bell, futures were posting red and stocks were positioned for the lower open. As the trading session progressed, stock action swung in a positive direction. Federal Reserve Chairman, Ben Bernanke issued statements that allowed investors to feel a little more confident that the Feds would take necessary action when needed to stimulate the economy. Up to this point, the negative weight of the global marketplace, paired with the negatively skewed index trends here in the U.S., caused worries to rise in most investors. Many feel that another recession is looming. Bernanke even admitted today that the economy right now is weaker than the central bank anticipated it would be at this point. He warned congress that additional spending cuts could further cause the economy in the U.S. to deteriorate. He also said that the central bank was prepared to take further supportive action to stimulate the economy. Many investors are hoping for another round of quantitative easing. This news gave stock index composites a push higher around the mid-day point. As the session close finalized, the primary index composites were posting green. The DJIA finished off the day higher by 1.44 percent at 10,808.71. The Nasdaq closed out higher by 2.95 percent at 2,404.82 and the S&P 500 finished off the day higher by 2.25 percent at 1,123.95. Frank Matto

3 Upside Targets for the S&P 500

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace Many modern technicians define a bear market as a market that falls more than 20%. Unfortunately that definition has little predictive value as illustrated by yesterday's 30-minute shootout that ended in a gain for the major indices.

Has the Market Finally Found Its Bottom?

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace It’s one of those landings that make your pilot’s hands sweat. For the past 11 sessions, the blue-chip U.S. stock indices have gradually descended through the clouds, with several nasty bumps — including Monday’s big one — to tense our knuckles. Where’s the runway? We can’t see the tarmac quite yet, but the ground lights are twinkling through the gloom. Thank heavens, I’ve got instruments to guide us. My daily stochastic indicator, which I briefly referenced in Monday’s post , has now fallen far enough to suggest that the S&P 500 could already have touched down for an initial bottom. The weekly stochastic, a slower-moving gauge, won’t send a definitive message until Friday. However, it too is hovering in an area where the market has often formed important bottoms. I could run through a whole list of other bullish barometers, but there’s no need to be redundant. I’ll just add one observation: From a contrarian standpoint, it’s encouraging that so many market commentators have turned snarlingly negative. Even The Wall Street Journal has jumped on the gloom-and-doom bus, with an article advising, “Now is not the time to let yourself be suckered into getting back into stocks.” Strong language for a publication whose chief purpose in life since 1889 has been to sing the praises of the American equity culture! Please don’t get me wrong. I’m still very cautious about the market’s prospects in 2012. Between now and year’s end, though, I think we’ve got a brisk rally ahead of us. Traders should start positioning themselves to take advantage of it. Here’s what I suggest. Technology stocks have held up much better than the market as a whole over the past three months. If you’re of a mind to do a little trading, buy PowerShares QQQ Fund ( NASDAQ : QQQ ) on a dip to $50 or less. This exchange-traded fund is designed to track, after expenses, the tech-freighted Nasdaq 100 index . Set a stop 5% below your entry point. If close to a tradeable bottom for stocks, QQQ shouldn’t decline any more than that. My upside target is $57, the vicinity of the Nasdaq ’s September high. I’ll take profits there unless market fundamentals improve a great deal more than I now foresee. For long-term investors (the bulk of my audience), corporate and emerging-markets bonds offer better prospects — on a risk-adjusted basis — than most stocks. Keep buying Vanguard High-Yield Corporate Fund (MUTF: VWEHX , $3,000 minimum), at $5.65 or less. Current yield: 7.5%. I also continue to like TCW Emerging Markets Income Fund (MUTF: TGINX , $2,000) at $11.25 or less. Current yield: 7.3%. You can expect somewhat more volatility in TGINX than VWEHX. Over the long pull, though, emerging-markets bonds are likely to outperform their domestic counterparts, if only because interest rates in the developing world are starting from a higher level. For the stock segment of your assets, I suggest focusing new money — for now — on safe, dividend-rich issues like those contained in PowerShares S&P 500 Low-Volatility Portfolio (NYSE: SPLV ). SPLV dropped with the rest of the market, but less than the S&P 500 index itself. That’s the kind of cushion you need in this unsettled climate. Current yield: 3.5%. Buy SPLV as long as the S&P 500 index remains below 1,230 (no problem right now).

Gold & Silver Prices – Daily Outlook October 5

XCSFDHG46767FHJHJF

DG365FD46564GFH654FU898 Gold and silver prices zigzagged again as they sharply declined yesterday and thus erasing the gains they had recorded on Monday. The gains the U.S. stock markets over the recent speech of Bernanke and the new hope of finalized bailout plan for struggling European banks may have helped push gold and silver prices down.

Todays Dow Jones Industrial Average DJIA Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Today

Stocks experienced rebounds during the last trading session in the U.S. Prior
to the days opening bell, futures were posting red and stocks were positioned
for the lower open. As the trading session progressed, stock action swung in a
positive direction. Federal Reserve Chairman, Ben Bernanke issued statements
that allowed investors to feel a little more confident that the Feds would take
necessary action when needed to stimulate the economy. Up to this point, the
negative weight of the global marketplace, paired with the negatively skewed
index trends here in the U.S., caused worries to rise in most investors. Many
feel that another recession is looming. Bernanke even admitted today that the
economy right now is weaker than the central bank anticipated it would be at
this point. He warned congress that additional spending cuts could further cause
the economy in the U.S. to deteriorate. He also said that the central bank was
prepared to take further supportive action to stimulate the economy. Many
investors are hoping for another round of quantitative easing. This news gave
stock index composites a push higher around the mid-day point. As the session
close finalized, the primary index composites were posting green. The DJIA
finished off the day higher by 1.44 percent at 10,808.71. The Nasdaq closed out
higher by 2.95 percent at 2,404.82 and the S&P 500 finished off the day higher
by 2.25 percent at 1,123.95. Frank Matto

Has the Market Finally Found Its Bottom?

Its one of those landings that make your pilots hands sweat. For the past 11
sessions, the blue-chip U.S. stock indices have gradually descended through the
clouds, with several nasty bumps including Mondays big one to tense our
knuckles. Wheres the runway? We cant see the tarmac quite yet, but the ground
lights are twinkling through the gloom. Thank heavens, Ive got instruments to
guide us. My daily stochastic indicator, which I briefly referenced in Mondays
post , has now fallen far enough to suggest that the S&P 500 could already have
touched down for an initial bottom. The weekly stochastic, a slower-moving
gauge, wont send a definitive message until Friday. However, it too is hovering
in an area where the market has often formed important bottoms. I could run
through a whole list of other bullish barometers, but theres no need to be
redundant. Ill just add one observation: From a contrarian standpoint, its
encouraging that so many market commentators have turned snarlingly negative.
Even The Wall Street Journal has jumped on the gloom-and-doom bus, with an
article advising, Now is not the time to let yourself be suckered into getting
back into stocks. Strong language for a publication whose chief purpose in life
since 1889 has been to sing the praises of the American equity culture! Please
dont get me wrong. Im still very cautious about the markets prospects in 2012.
Between now and years end, though, I think weve got a brisk rally ahead of us.
Traders should start positioning themselves to take advantage of it. Heres what
I suggest. Technology stocks have held up much better than the market as a whole
over the past three months. If youre of a mind to do a little trading, buy
PowerShares QQQ Fund (NASDAQ: QQQ ) on a dip to $50 or less. This
exchange-traded fund is designed to track, after expenses, the tech-freighted
Nasdaq 100 index. Set a stop 5% below your entry point. If close to a tradeable
bottom for stocks, QQQ shouldnt decline any more than that. My upside target is
$57, the vicinity of the Nasdaqs September high. Ill take profits there unless
market fundamentals improve a great deal more than I now foresee. For long-term
investors (the bulk of my audience), corporate and emerging-markets bonds offer
better prospects on a risk-adjusted basis than most stocks. Keep buying
Vanguard High-Yield Corporate Fund (MUTF: VWEHX , $3,000 minimum), at $5.65 or
less. Current yield: 7.5%. I also continue to like TCW Emerging Markets Income
Fund (MUTF: TGINX , $2,000) at $11.25 or less. Current yield: 7.3%. You can
expect somewhat more volatility in TGINX than VWEHX. Over the long pull, though,
emerging-markets bonds are likely to outperform their domestic counterparts, if
only because interest rates in the developing world are starting from a higher
level. For the stock segment of your assets, I suggest focusing new money for
now on safe, dividend-rich issues like those contained in PowerShares S&P 500
Low-Volatility Portfolio (NYSE: SPLV ). SPLV dropped with the rest of the
market, but less than the S&P 500 index itself. Thats the kind of cushion you
need in this unsettled climate. Current yield: 3.5%. Buy SPLV as long as the S&P
500 index remains below 1,230 (no problem right now).

Gold & Silver Prices – Daily Outlook October 5

Gold and silver prices zigzagged again as they sharply declined yesterday and
thus erasing the gains they had recorded on Monday. The gains the U.S. stock
markets over the recent speech of Bernanke and the new hope of finalized bailout
plan for struggling European banks may have helped push gold and silver prices
down.