[postlink]http://videotube4.blogspot.com/2011/02/qualitystocks-daily-video-4232007.html[/postlink]
http://www.youtube.com/watch?v=VdR0ABo-x_Yendofvid
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Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily.
I'm Cathy Rankin and for Monday April 23rd we're bringing you the latest news from around the markets as well as the top movers to look out for today...
(HEADLINE NEWS)
In Headline News Today...
Stocks charged out of the gate Friday as buyers rallied around another batch of better than expected quarterly results while sellers, expecting a worst-case scenario for the Q1 earnings season, ran for cover.
For a third straight day the Dow closed in record territory, just 38 points away from hitting the 13,000 milestone, and finished the week up 2.8%.
The S&P 500, whose five-day winning streak was snapped yesterday, turned in the next performance among the majors, while the Nasdaq, fresh off its third consecutive decline, closed just below a new six-year high. All 10 of its economic sectors closed sharply higher
Providing additional support for the Industrials sector were transportation stocks, which completely ignored a 2.7% surge in oil prices. The Dow Jones Transportation Average, an economically-sensitive proxy, also closed at an all-time high.
Taking full advantage of higher oil prices, though, was Energy. Crude for May delivery, which expired today, surged 2.7% to $ 63.52/bbl amid growing worries that tomorrow's presidential election in Nigeria, one of the biggest sources of U.S. oil imports, may result in possible shipment disruptions.
Evidently surging oil prices didn't completely upset consumers, though, as the Discretionary sector also provided some notable upside leadership. Auto Parts & Equipment is the day's best performing S&P industry group and Specialty Consulting Services ranked second among the more than 130 S&P industry groups to post gains
Further proof that first quarter profit growth won't be as dismal as so many on Wall Street initially feared was also witnessed in Technology, a sector pegged to be a significant contributor to earnings growth this year.
SMALL CAP
And now for our Small Cap News... brought to you by Rancher Energy Corp., RNCH.OB
Rancher Energy engages in the development, production, and marketing of oil and gas in North America.
The QualityStocks Daily would like to highlight Rhino Outdoor International (RHOI.OB) as "One To Watch" this week.
The company announced this month that the formation of a strategic alliance with Arizona Emergency Products, where Arizona Emergency Products, Inc. will represent Rhinos Rapid Response Rough Terrain Vehicle® to U.S. based government organizations involved in emergency response
Rhino Outdoor International opens their day today at $0.10 a share.
Another quality Stocks Daily "One To watch" this week is Reed's Inc.
With gourmet sodas and beverages on the rise Reed's, Inc. announced this month that it has entered into a distribution agreement with Great State Beverages for distribution of Reed's soft drinks throughout New Hampshire and eastern Massachusetts, as well as an exclusive distribution agreement with Columbia Distributing, for distribution of the Reed's brands throughout Oregon and Washington.
The Company opens their day at $7.40 a share
And that's our newsmakers, Stay tuned right here to Quality Stocks Daily for the latest news from small cap to large cap, and everything in by Quality Stocks. Net, where performance is tracked daily.
Thank you for tuning in, I'm Cathy Rankin, Have a great day and we'll see you tomorrow, right here on the daily report.
Please see Disclaimer on site: http://Disclaimer.QualityStocks.net
[endtext]
http://www.youtube.com/watch?v=VdR0ABo-x_Yendofvid
[starttext]
Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily.
I'm Cathy Rankin and for Monday April 23rd we're bringing you the latest news from around the markets as well as the top movers to look out for today...
(HEADLINE NEWS)
In Headline News Today...
Stocks charged out of the gate Friday as buyers rallied around another batch of better than expected quarterly results while sellers, expecting a worst-case scenario for the Q1 earnings season, ran for cover.
For a third straight day the Dow closed in record territory, just 38 points away from hitting the 13,000 milestone, and finished the week up 2.8%.
The S&P 500, whose five-day winning streak was snapped yesterday, turned in the next performance among the majors, while the Nasdaq, fresh off its third consecutive decline, closed just below a new six-year high. All 10 of its economic sectors closed sharply higher
Providing additional support for the Industrials sector were transportation stocks, which completely ignored a 2.7% surge in oil prices. The Dow Jones Transportation Average, an economically-sensitive proxy, also closed at an all-time high.
Taking full advantage of higher oil prices, though, was Energy. Crude for May delivery, which expired today, surged 2.7% to $ 63.52/bbl amid growing worries that tomorrow's presidential election in Nigeria, one of the biggest sources of U.S. oil imports, may result in possible shipment disruptions.
Evidently surging oil prices didn't completely upset consumers, though, as the Discretionary sector also provided some notable upside leadership. Auto Parts & Equipment is the day's best performing S&P industry group and Specialty Consulting Services ranked second among the more than 130 S&P industry groups to post gains
Further proof that first quarter profit growth won't be as dismal as so many on Wall Street initially feared was also witnessed in Technology, a sector pegged to be a significant contributor to earnings growth this year.
SMALL CAP
And now for our Small Cap News... brought to you by Rancher Energy Corp., RNCH.OB
Rancher Energy engages in the development, production, and marketing of oil and gas in North America.
The QualityStocks Daily would like to highlight Rhino Outdoor International (RHOI.OB) as "One To Watch" this week.
The company announced this month that the formation of a strategic alliance with Arizona Emergency Products, where Arizona Emergency Products, Inc. will represent Rhinos Rapid Response Rough Terrain Vehicle® to U.S. based government organizations involved in emergency response
Rhino Outdoor International opens their day today at $0.10 a share.
Another quality Stocks Daily "One To watch" this week is Reed's Inc.
With gourmet sodas and beverages on the rise Reed's, Inc. announced this month that it has entered into a distribution agreement with Great State Beverages for distribution of Reed's soft drinks throughout New Hampshire and eastern Massachusetts, as well as an exclusive distribution agreement with Columbia Distributing, for distribution of the Reed's brands throughout Oregon and Washington.
The Company opens their day at $7.40 a share
And that's our newsmakers, Stay tuned right here to Quality Stocks Daily for the latest news from small cap to large cap, and everything in by Quality Stocks. Net, where performance is tracked daily.
Thank you for tuning in, I'm Cathy Rankin, Have a great day and we'll see you tomorrow, right here on the daily report.
Please see Disclaimer on site: http://Disclaimer.QualityStocks.net
[endtext]
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