15 Reasons Markets Moved This Week

Get 15 Reasons Markets Moved This Week sent to your inbox. Just type your email in the beige box in the right column and select these updates.

Dow 11,787 S&P500 1,293 Nasdaq 2,755 Gold 1,360

The Dow has climbed the wall of worry for seven consecutive weeks, reaching its highest level since June 2008.

If you haven’t already checked out our awesome new high tech stock research tools, we invite you to take a short video tour or simply get started:

Go to Wall St. Watchdog >>

Now, for the 15 reasons markets moved this week:

Monday

  • Europe is pressing Portugal to accept more financial assistance. The EU debt mess is the crisis that keeps on giving.

Here are Monday’s Top 10 Moving Stocks:

Tuesday

  • Verizon’s (NYSE:VZ) iPhone is getting the tech crowd excited. Apple (NASDAQ:AAPL) seems to make people bullish — especially when they have 93 million more prospective customers.

Here are Tuesday’s Top 10 Moving Stocks:

Wednesday

  • Portugal caught a nice bid for bonds and EU crisis concerns eased. Long term interest rates eased, but short term rates actually increased. Is the EU Debt Crisis Over? >>
  • Risk was back on with more focus on a recovery. Financials (NYSE:XLF) did well as investors liked the “modest recovery” talk in the Federal Reserve’s Beige Book.

Here are Wednesday’s Top 10 Moving Stocks:

Thursday

  • Dow giant Merck clawed the index down. Merck & Co. (NYSE:MRK) closed down 6.6% after ending testing on a stroke drug.

Here are Thursday’s Top 10 Moving Stocks:

Friday

  • Financial Dow heavyweight component JP Morgan’s (NYSE:JPM) shares were up over 1% today. Banks have long been a concern and worry on investors minds. JP Morgan’s latest quarterly report alleviated minds and displayed leadership among stocks today. Here’s Why JPMorgan Shares are Up After Earnings>>
  • Are creeping signs of inflation actually good for the stock market? Investors seemed to brush off rising food and gas prices with another push into equities. The bandwagon game could be back as bonds just cannot perform as strong as stocks as an inflation hedge.

Here are Friday’s Top Moving Stocks:

Improve Your Financial Health in 2011: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter >>

More from The Cheat Sheet