Stocks Take a Break From Rally, NASDAQ Stocks to Watch

Nasdaq stocksThe stock market is trading lower today putting a hold on the S&P 500 as it nears it’s historic closing high. Housing data was a bit mixed today as permits for future construction jumped to a more than 3-year high and housing starts fell.

China is also a bit of a concern as investors worry about signs of slowing in the country’s economy. Australian miners signaled this morning that ire ore demand was down.

Overall, there’s not much going on today in term’s of economic news or other catalysts to drive the market. Many analysts continue to call for a meaningful pull back, but today could just be a profit taking day for some investors.

Looking at the markets this morning show the Dow down more than 90 points, the Nasdaq down more than 20 points and the S&P 500 down about 9 points. [Read more...]

Market Trading Flat and NASDAQ Stocks Rallying in Early Trading

A list of NASDAQ stocksStocks are starting the week flat this morning as investors take a break following last week’s big gains. The big news came from Apple today as they announced a quarterly dividend and a share buyback program.

Not a lot of economic data points for investors to look to today. Home builder sentiment came out a few minutes ago and was unchanged in March at 28. This is the highest level since June 2007. Many analysts are looking for the housing industry to follow the rest of the economy and start recovering. The housing industry took the biggest hit during the recession in 2008 and still has a long road to recovery.

A quick look at the major stock indexes show the Dow down 6 points, the Nasdaq up 2 points and the S&P 500 is up 1 point. [Read more...]

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