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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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From: Jack Hartmann6/1/2009 9:26:05 AM
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WSJ reports U.S. corporate profits rose in the first quarter for the first time in almost two years, an encouraging sign but one that comes on the heels of massive losses and ongoing woes in the economy. The Commerce Department said pretax profits at U.S.-based corporations rose by $42.6 billion in the first quarter to $1.307 trillion, the first quarterly increase after six straight declines.

Worldwide sales of semiconductors rose to $15.6 bln in April, an increase of 6.4% from March when sales were $14.7 billion, the Semiconductor Industry Association reported.

The market continues to love these oil futures.. And loves GM's bankrupcty...Most odd bull market...

Cisco Systems (CSCO) will replace GM (GM) in the Dow Jones Industrial Average.

Phil Davis on this morning's personal spending figure: "It’s a seriously flawed metric when you can jam up the cost of necessities that people have to buy and then point to the increased spending on necessities as signs of a recovery."

I am still 80% cash. The market can't put two winning days in a row since early May.
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