Skill Gaming

Stock charts. pt1

Daily Stock Report for Thursday morning, March 25, 2010 pt1

U.S. stocks start selling open after Fitch Portugal rating downgraded by one notch probably introduced into the "Oh no, here we go again" response to Most investors. Talking Heads came on CNBC say that the situation in Portugal is not nearly as bad as Greece. But as I said during the weeks last year, there will be a little cautious when asked the next shoe drops.

Spain, Ireland and Iceland are also potential problem countries, but the market is in the price of this possibility. There is still a lack of clarity on how Europe will support Greece Portugal today and although the odds are still on the market should continue to be optimistic with this test for the market will probably not much.

The Dow30 fell 0.5%, the Nasdaq Composite at 0.68% and S & P 500 0.55% after only 18 shots blast month. The S & P 500 still up about 6 percent today.

Economic data released today gave mixed signals to sales of new homes unexpectedly fell to a record low and yet the demand for manufactured goods rose for a third straight month. trading houses are more difficult to purchase as well as manufactured goods are cheap items.

New home sales fell to its lowest level since the month of July and the housing market could be the position of what was in the double dip in the price and sales. The decline was the fourth consecutive monthly decline and the worst stats since 1963 sales of new homes. This may have been influenced by severe weather in the U.S. north-east.

Consider new long positions when the market continues to correct.

Scalp Day:
BYD, Boyd Gaming has been a rumor buyback today potential and gave a short potential profit of 4.7%. This is described in

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