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Jon Ogg Return Risk +0.00% N/A Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed FNM n/a MOT n/a GE n/a Via BloggingStocks:   Filed under: General Electric (GE), Motorola (MOT), Federal Natl Mtge (FNM) Today was a surprise considering the news. There was not great economic news to hang on, particularly considering that the 10.2% unemployment was the worst reading since 1983. As the market did not crater and as it went positive throughout the day, it almost felt as though the 10.2% of the officially unemployed don't matter to the economy as everyone keeps noting the 'lagging indicator' effect. Still, stocks held their own for most of the day and where the real direction for the end of the day bells felt uncertain until the end of the day. Here are today's unofficial closing bell levels: Dow 10,023.19 +17.23 (0.17%) S&P 500 1,069.30 +2.67 (0.25%) Nasdaq 2,112.44 +7.12 (0.34%) Top Analyst Calls Top Stock Rumors Continue reading Closing Bell: Unemployment must not be relevant (GE, ACOM, FNM, ZIOP, MOT, NVDA) Closing Bell: Unemployment must not be relevant (GE, ACOM, FNM, ZIOP, MOT, NVDA) originally appeared on BloggingStocks on Fri, 06 Nov 2009 16:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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