Daily Morning Insights on the Market

<---day Sixty--->

MARKET SUMMARY FOR MONDAY NOVEMBER 8TH. 1999

DOW INDUSTRIAL: 10718.85 = +14.37

NASDAQ: 3143.97 = +41.68

S & P 500: 1377.01 = +6.78
MOST ACTIVE STOCKS & SECTORS
The Dow gained despite a negative anti-trust ruling against Microsoft (see below). NASDAQ hit a new high for seventh (straight) trading day. Gainers included: AOL, Amazon.Com, Apple, Atlantic Richfield, BP Amoco, Cabletron Systems, Cisco Systems, E-piphany, Fedex, IBM, Kana Communications, Lucent Technologies, Oracle, Pfizer, Red Hat, Republic NY, Seagate Technology, Startek, Sun Microsystems, Tyco International, and Yahoo.

MAIN REASONS FOR ACTIVITY

• Technology Companies that compete with Microsoft products gained.
• Recent energy related mergers and acquisitions were rewarded today.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Applied Materials, Ask Jeeves, Cisco Systems, Cobalt Networks, Excite, E-piphany, Microsoft, Novell, Foundry Networks, Juniper Networks, Covad Communications, Apple, CMGI, Dell, Oracle, Netsolve, MCI Worldcom, Intel, ShopNow.Com, Sun Microsystems, JDS Uniphase, Looksmart, Pac-West Telecomm, Qualcomm, SDL inc., Sycamore Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: AOL, Alcatel, American Express, Aetna, Bank of America, Bank One, Cigna, Citigroup, Chase, 3Com, GE, GTE, Sprint PCS, Sprint, SBC Communications, Hewlett Packard, Motorola, Check Point, Charles Schwab, Donaldson Lufkin, Legg Mason, FirstStar Bank, Fifth Third Bank, JP Morgan, Merrill Lynch, Morgan Stanley, Provident Bank, John Hancock, Prudential, Lucent Technologies (LU), Micron Technology, Texas Instruments, Compaq, AT&T, IBM, Johnson & Johnson, E.I. Dupont, Dow Chemical, Dominion Resources, El Paso Energy, Nortel Networks, EMC Corp., Pfizer, Warner Lambert, Merck & co., Federated Dept. Stores, Kmart, JC Penny, Philip Morris, P&G, Tyco International, Unisys, Xerox, Walmart, Wells Fargo, and ZDNet will do well.

REASONS BEHIND THE PICKS

• The rally for "Microsoft Alternatives" will continue.
• We still strongly recommend Microsoft (see below).
• Technology, Telecommunications, and Internets are a bargain.
• Commercial, Investment Banks, and Insurance companies will gain as the banking reform bill now seem as good as passed.


• MICROSOFT CAPSULE: We believe that microsoft successfully adjusted its strategies in anticipation of this outcome. For the last few months, Microsoft has been accused by America Online (AOL) for copying its ICQ chat code. Priceline.Com also have issues with the software giant about using its patented "name your own price" style for its expedia travel site. Recently, Microsoft announced plans to start offering FREE internet access under MSN in the near future. These Three areas mentioned are the top traffic (and money) generating services on the web. Clearly, Microsoft has been positioning its MSN network to challenge web leaders like AOL and Yahoo. The massive media coverage these events generated didn't hurt MSN's traffic either. Lastly, the Windows operating system. Is there a law that says microsoft can't package and sell Linux as Red Hat and other companies are doing? We might one day see a "VisualLinux" operating system. Considering all these, we still recommend Microsoft. Please join us in our discussion forum under "market pick" to express your thought.

<---day Fifty Nine--->

MARKET SUMMARY FOR FRIDAY NOVEMBER 5TH. 1999

DOW INDUSTRIAL: 10704.48 = +64.84

NASDAQ: 3102.29 = +46.34

S & P 500: 1370.23 = +7.59
MOST ACTIVE STOCKS & SECTORS

The markets rallied. NASDAQ keeps breaking more records. Gainers included: AOL, American Express, Compaq, Cisco Systems, Citigroup, Cobalt Network, Intel, Motorola, National Discount Broker, NTL, Oracle, Qualcomm, Sun Microsystems, Tandy Corp., Waterhouse Securities, Webvan.Com, Wendy's International, Wireless Facilities, and Xilinx.

MAIN REASONS FOR ACTIVITY

• Emlpoyment report was favorable; Employment grew at a modest rate.
• Despite the lowest unemployment rate since 1970, no significant wage pressure on inflation has been noticed.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Applied Materials, Ask Jeeves, Cisco Systems, Cobalt Networks, Excite, Microsoft, Novell, Foundry Networks, Juniper Networks, Covad Communications, Apple, CMGI, Dell, Oracle, Netsolve, MCI Worldcom, Intel, ShopNow.Com, Sun Microsystems, Looksmart, Pac-West Telecomm, Qualcomm, SDL inc., Sycamore Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: AOL, Alcatel, American Express, Aetna, Bank of America, Bank One, Cigna, Citigroup, Chase, 3Com, GE, GTE, Sprint PCS, Sprint, SBC Communications, Hewlett Packard, Motorola, Check Point, Charles Schwab, Donaldson Lufkin, Legg Mason, FirstStar Bank, Fifth Third Bank, JP Morgan, Merrill Lynch, Morgan Stanley, Provident Bank, John Hancock, Prudential, Lucent Technologies (LU), Micron Technology, Texas Instruments, Compaq, AT&T, IBM, Johnson & Johnson, E.I. Dupont, Dow Chemical, Dominion Resources, El Paso Energy, Nortel Networks, EMC Corp., Pfizer, Warner Lambert, Merck & co., Federated Dept. Stores, Kmart, JC Penny, Philip Morris, P&G, RJR Nabisco, Tyco International, Three Five Systems, Unisys, Xerox, Walmart, Wells Fargo, and ZDNet will do well.

REASONS BEHIND THE PICKS

• Bargain hunting will continue, thus pushing issue prices up.
• Upcoming economic data releases will be favorable to the market.
• The consensus against an interest rate hike is increasing.
• Technology, Telecommunications, and Internets are a bargain.
• Banking and Retailing stocks will do well due to the coming holiday season.
• Commercial, Investment Banks, and Insurance companies will gain as the banking reform bill now seem as good as passed.

<---day Fifty Eight--->

MARKET SUMMARY FOR THURSDAY NOVEMBER 4TH. 1999

DOW INDUSTRIAL: 10639.64 = +30.58

NASDAQ: 3055.95 = +27.44

S & P 500: 1362.64 = +7.71
MOST ACTIVE STOCKS & SECTORS

The markets rallied. Gainers included: AOL, Citigroup, Intel, Lucent, Oracle, Qualcomm, Schering Plough, Sun Microsystems, Tickets.com, and Yahoo.

MAIN REASONS FOR ACTIVITY

• Technology and Drug stocks were strong.
• Pfizer is now in hostile move on American Home Products (AHP) and Warner Lambert merger.
• Continuation of yesterday's rally, and bargain hunting.

PICKS FOR THE NEXT MARKET DAY

NASDAQ:

Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Applied Materials, Ask Jeeves, Cisco Systems, Cobalt Networks, Excite, Microsoft, Novell, Foundry Networks, Juniper Networks, Covad Communications, Apple, CMGI, Dell, Oracle, Netsolve, MCI Worldcom, Intel, ShopNow.Com, Sun Microsystems, Looksmart, Pac-West Telecomm, Qualcomm, SDL inc., Sycamore Networks, and Yahoo.

NYSE:

Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: AOL, Alcatel, American Express, Aetna, Bank of America, Bank One, Cigna, Citigroup, Chase, 3Com, GE, GTE, Sprint PCS, Sprint, SBC Communications, Hewlett Packard, Check Point, Charles Schwab, Donaldson Lufkin, Legg Mason, FirstStar Bank, Fifth Third Bank, JP Morgan, Merrill Lynch, Morgan Stanley, Provident Bank, John Hancock, Prudential, Lucent Technologies (LU), Micron Technology, Texas Instruments, Compaq, AT&T, IBM, Johnson & Johnson, E.I. Dupont, Dow Chemical, Dominion Resources, El Paso Energy, Nortel Networks, EMC Corp., Pfizer, Warner Lambert, Merck & co., Federated Dept. Stores, Kmart, JC Penny, Philip Morris, P&G, RJR Nabisco, Tyco International, Three Five Systems, Unisys, Xerox, Walmart, Wells Fargo, and ZDNet will do well.

REASONS BEHIND THE PICKS

• We expect today's rally to continue tomorrow.
• We expect a noninflationary employment report figures.
• Technology, Telecommunications, and Internets are a bargain.
• Banking and Retailing stocks will do well due to the coming holiday season, and pending legislation.

<---day Fifty Seven--->

MARKET SUMMARY FOR WEDNESDAY NOVEMBER 3RD. 1999

DOW INDUSTRIAL: 10609.06 = +27.22

NASDAQ: 3028.51 = +46.88

S & P 500: 1354.93 = +7.19
MOST ACTIVE STOCKS & SECTORS

The markets rallied. NASDAQ reached 3000 points. Gainer

<---day Fifty Six--->

MARKET SUMMARY FOR TUESDAY NOVEMBER 2ND. 1999

DOW INDUSTRIAL: 10581.84 = -66.67

NASDAQ: 2981.63 = +13.98

S & P 500: 1347.74 = -6.38
MOST ACTIVE STOCKS & SECTORS

The NYSE lost for the second day in a row. NASDAQ however, reached another new high for the third day in a row. Gainers included: ACX Technologies, Dell, Chaparral Resources, Cigna, Cisco Systems, Citigroup, Intel, MCI Worldcom, Microsoft, Micron Technology, Nextel, Oracle, Philip Morris, PurchasePro.Com, STM Electronics, and Tyco International.

MAIN REASONS FOR ACTIVITY

• Profit taking after last week's gains, especially in the Techno
  
  <---day Fifty Five--->
  
  

• MARKET SUMMARY FOR MONDAY NOVEMBER 1ST. 1999
  
  DOW INDUSTRIAL: 10648.51 = -81.35
  
  NASDAQ: 2967.65 = +1.22
  
  S & P 500: 1354.12 = -8.81
  MOST ACTIVE STOCKS & SECTORS
  
  The debut day for the new Dow 30 index was less than stellar. NASDAQ however, reached another new high. Gainers included: AOL, AT&T, Broadcom, Compaq, FOUR Media, Jacada Limited, Lucent Technologies, Oracle, Pimco Advisors, Qualcomm, SBC Communications, Tristar Aerospace, and Yahoo.
  
  MAIN REASONS FOR ACTIVITY
  
  • Profit taking after last week's gains.
  • National Association of Purchasing Managers (NAPM) report has manufacturing slowing in October, but raw materials prices were at a four year high.
  • AT&T is forming a Latin America subsidiary that will be traded on the NASDAQ.
  • Pimco Advisors, the third largest funds family, will be acquired.
  
  
  
  PICKS FOR THE NEXT MARKET DAY
  
  NASDAQ:
  
  Technology, Telecommunications, and some Internets will gain. Companies like: Akamai Technology, Applied Materials, Ask Jeeves, Cisco Systems, Cobalt Networks, Excite, Microsoft, Novell, Foundry Networks, Juniper Networks, Covad Communications, Apple, CMGI, Dell, Oracle, Netsolve, MCI Worldcom, Intel, ShopNow.Com, Sun Microsystems, Looksmart, Pac-West Telecomm, Qualcomm, SDL inc., Sycamore Networks, and Yahoo.
  
  NYSE:
  
  Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: AOL, Alcatel, American Express, Aetna, Bank of America, Bank One, Citigroup, Chase, 3Com, GE, GTE, Sprint PCS, Sprint, SBC Communications, Hewlett Packard, Check Point, Charles Schwab, Donaldson Lufkin, Legg Mason, FirstStar Bank, Fifth Third Bank, JP Morgan, Merrill Lynch, Morgan Stanley, Provident Bank, John Hancock, Prudential, Lucent Technologies (LU), Micron Technology, Texas Instruments, Compaq, AT&T, IBM, Johnson & Johnson, E.I. Dupont, Dow Chemical, Dominion Resources, El Paso Energy, Nortel Networks, EMC Corp., Pfizer, Merck & co., Federated Dept. Stores, Kmart, JC Penny, Philip Morris, P&G, Tyco, Three Five Systems, Unisys, Xerox, Walmart, Wells Fargo, and ZDNet will do well.
  
  REASONS BEHIND THE PICKS
  
  • The new look dow will finally debut properly after the profit taking.
  • NAPM's report reflects increased energy prices, and not all materials prices-a good non-inflationary sign.
  • Technology, Telecommunications, and Internets are a bargain.
  • Banking and Retailing stocks will do well due to the coming holiday season, and pending legislation.
  
  
  
  
  <---day Fifty Four--->
  
  MARKET SUMMARY FOR FRIDAY OCTOBER 29TH. 1999
  
  DOW INDUSTRIAL: 10729.86 = +107.33
  
  NASDAQ: 2966.43 = +91.21
  
  S & P 500: 1362.93 = +20.49
  MOST ACTIVE STOCKS & SECTORS
  
  The Market rallied for the second day in a row. NASDAQ reached new high. Gainers included: Akamai Tech, AOL, Applied Materials, AT&T, Boise Cascade, Charter Semiconductor, Compaq, Cisco Systems, Citigroup, Cypress Semiconductor, Dell, Delta Airlines, Electronic Data, GM, Home Depot, IBM, Intel, JDS Uniphase, Lucent Technologies, MCI Worldcom, Microsoft, Philip Morris, Reinsurance group of America, Sun Microsystems, Unisys, and Yahoo.
  
  MAIN REASONS FOR ACTIVITY
  
  • Federal Reserve Chair Alan Greenspan had nothing negative to say about the economy in his Florida speech.
  • Investors continued bargain hunting today.
  • The Chicago Stock Exchange starts after hours trading.
  • Bond prices rallied today too.
  
  
  
  
  PICKS FOR THE NEXT MARKET DAY
  
  NASDAQ:
  
  Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Ask Jeeves, Cisco Systems, Excite, Microsoft, Novell, Foundry Networks, Juniper Networks, Covad Communications, Apple, CMGI, Dell, Oracle, Netsolve, MCI Worldcom, Intel, ShopNow.Com, Sun Microsystems, Looksmart, Qualcomm, SDL inc., Sycamore Networks, and Yahoo.
  
  NYSE:
  
  Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: AOL, Alcatel, American Express, Aetna, Bank of America, Bank One, Citigroup, Chase, 3Com, GE, GTE, Sprint PCS, Sprint, Hewlett Packard, Check Point, Charles Schwab, Donaldson Lufkin, Legg Mason, FirstStar Bank, Fifth Third Bank, JP Morgan, Merrill Lynch, Morgan Stanley, Provident Bank, John Hancock, Prudential, Lucent Technologies (LU), Micron Technology, Texas Instruments, Compaq, AT&T, IBM, Johnson & Johnson, E.I. Dupont, Dow Chemical, Dominion Resources, El Paso Energy, Nortel Networks, EMC Corp., Pfizer, Merck & co., Federated Dept. Stores, Kmart, JC Penny, Philip Morris, P&G, Tyco, Three Five Systems, Unisys, Xerox, Walmart, Wells Fargo, and ZDNet will do well.
  
  REASONS BEHIND THE PICKS
  
  • Investors will continue to bargain hunt and push issue prices up.
  • The new members of the Dow will start on a high note, and help most Technology and Internet stocks.
  • The market will generally perform at least for one more day as we expect more economic data in midweek.
  • Banking and Retailing stocks will do well due to the coming holiday season, and pending legislation.
  
  
  
  <---day Fifty Three--->
  
  MARKET SUMMARY FOR THURSDAY OCTOBER 28TH. 1999
  
  DOW INDUSTRIAL: 10622.53 = +227.64
  
  NASDAQ: 2875.19 = +72.67
  
  S & P 500: 1342.44 = +45.73
  MOST ACTIVE STOCKS & SECTORS
  
  The Market soared on good economic news today. Gainers included: AOL, AT&T, Capital One Financial, Chase, Cisco Systems, Citigroup, Dell, Delta Airlines, Hewlett Packard, Intel, Lucent Technologies, MCI Worldcom, Micron Technology, Philip Morris, Qualcomm, Qwest, Reader's Digest, SCI Systems, Spanish Broadcasting System, Sun Microsystems, Superior Telecom, Triton PCS, Tyco International, US Food Service, Wells Fargo, and Yahoo.
  
  MAIN REASONS FOR ACTIVITY
  
  • Employment cost index grew lower than anticipated; A strong noninflationary sign.
  • GDP grew modestly; GDP deflator was lower than the previous quarter's-more good news.
  • CBS and Aetna reported better-than-expected returns.
  • Bond prices edged up.
  
  
  PICKS FOR THE NEXT MARKET DAY
  
  NASDAQ:
  
  Technology, Telecommunications, and some Internets will gain. Companies like: Applied Materials, Ask Jeeves, Cisco Systems, Excite, Microsoft, Novell, Foundry Networks, Juniper Networks, Covad Communications, Apple, CMGI, Dell, Oracle, Netsolve, MCI Worldcom, Intel, ShopNow.Com, Sun Microsystems, Looksmart, Qualcomm, Sycamore Networks, and Yahoo.
  
  NYSE:
  
  Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: AOL, Alcatel, American Express, Aetna, Bank of America, Bank One, Citigroup, Chase, 3Com, GE, GTE, Sprint PCS, Sprint, Hewlett Packard, Charles Schwab, Donaldson Lufkin, Legg Mason, FirstStar Bank, Fifth Third Bank, JP Morgan, Merrill Lynch, Morgan Stanley, Provident Bank, John Hancock, Prudential, Lucent Technologies (LU), Micron Technology, Texas Instruments, Compaq, AT&T, IBM, Johnson & Johnson, E.I. Dupont, Dow Chemical, Dominion Resources, El Paso Energy, Nortel Networks, EMC Corp., Pfizer, Merck & co., Federated Dept. Stores, Kmart, JC Penny, Philip Morris, P&G, Tyco, Three Five Systems, Unisys, Xerox, Walmart, Wells Fargo, and ZDNet will do well.
  
  REASONS BEHIND THE PICKS
  
  • Investors will continue rally due to bargain hunting.
  • Federal Reserve chair Greenspan will influence the market positively in his Florida speech.
  • Banking, Retail, and Technology stocks will close the week on a high note.
  • Strong earnings reports continue to be released, especially for Technology companies.
  
  
  
  
  <---day Fifty Two--->
  
  MARKET SUMMARY FOR WEDNESDAY OCTOBER 27TH. 1999
  
  DOW INDUSTRIAL: 10394.89 = +92.76
  
  NASDAQ: 2802.52 = -8.95
  
  S & P 500: 1296.71 = +14.80
  MOST ACTIVE STOCKS & SECTORS
  
  NYSE gained as the Market waits for economic data tomorrow. Gainers included: AOL, American Express, AMR, Cisco Systems, Chevron, Citigroup, GE, HCC Insurance holdings, InterTrust Technologies, JNI, MCI Worldcomm, Partner Comm, Philip Morris, Predictive Systems, SBC Communications, Sun Microsystems, and William Wrigley.
  
  MAIN REASONS FOR ACTIVITY
  
  • Durable goods order dropped lower-than-expected; A good noninflationary sign.
  • Federal Reserve chair for the Second District (New York) doesn't share the inflation fears expressed by some of his colleagues.
  
  
  
  PICKS FOR THE NEXT MARKET DAY
  
  NASDAQ:
  
  Technology, Telecommunications, and some Internets will gain. Companies like: Amazon.com, Applied Materials, Ask Jeeves, Cisco Systems, Excite, Microsoft, Novell, Foundry Networks, Juniper Networks, Covad Communications, Apple, ebay, CMGI, Dell, Oracle, Netsolve, MCI Worldcomm, Intel, ShopNow.Com, Sun Microsystems, Looksmart, Qualcomm, Sycamore Networks, and Yahoo.
  
  NYSE:
  
  Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: AOL, Alcatel, American Express, Bank of America, Bank One, Citigroup, Chase, 3Com, GE, GTE, Sprint PCS, Sprint, Hewlett Packard, Charles Schwab, Donaldson Lufkin, Legg Mason, FirstStar Bank, Fifth Third Bank, JP Morgan, Merrill Lynch, Morgan Stanley, Provident Bank, John Hancock, Prudential, Lucent Technologies (LU), Micron Technology, Texas Instruments, Compaq, AT&T, IBM, Johnson & Johnson, E.I. Dupont, Dow Chemical, Dominion Resources, El Paso Energy, Nortel Networks, EMC Corp., Pfizer, Merck & co., Federated Dept. Stores, Kmart, JC Penny, Philip Morris, P&G, Tyco, Three Five Systems, Unisys, Xerox, Walmart, Wells Fargo, and ZDNet will do well.
  
  REASONS BEHIND THE PICKS
  
  • The employment and GDP figures will be good to the economy.
  • Bargain hunting in the Technology, Retailing, Banking, and Internets will pick up briskly, if tomorrow's employment and GDP figures are favorable.
  • Strong earnings reports continue to be released, especially for Technology companies.
  
  
  
  <---day Fifty One--->
  
  MARKET SUMMARY FOR TUESDAY OCTOBER 26TH. 1999
  
  DOW INDUSTRIAL: 10302.13 = -47.80
  
  NASDAQ: 2811.47 = -4.48
  
  S & P 500: 1281.91 = -11.72
  MOST ACTIVE STOCKS & SECTORS
  
  Interest rates fears overshadowed the Market for the second day in a row. Gainers included: AOL, Clarus Corp., Cisco Systems, Compaq, Citigroup, Converse Tech, Dell, Digital Island, Dunn & Bradstreet, ebay, IBM, Intel, Lucent Technologies, MCI Worldcomm, Oak Industries, Philip Morris, SBC Communications, Service Corp. International, Viador, and Watkins Johnson Co.
  
  MAIN REASONS FOR ACTIVITY
  
  • Home Depot, Intel, Microsoft and SBC Communications to join Dow's 30 index stocks.
  • Consumer confidence was reported to be lower, four months in a row.
  • Three federal reserve (District) chairmen expressed inflation fears at different forums.
  • Former secretary of Treasury Rubin joins Citigroup as Executive Committee Chair.
  • Lucent Technologies reported a 50% earnings growth for the same period.
  
  
  
  PICKS FOR THE NEXT MARKET DAY
  
  NASDAQ:
  
  Technology, Telecommunications, and some Internets will gain. Companies like: Amazon.com, Applied Materials, Ask Jeeves, Cisco Systems, Excite, Microsoft, Novell, Foundry Networks, Juniper Networks, Covad Communications, Apple, ebay, CMGI, Dell, Oracle, Netsolve, MCI Worldcomm, Intel, ShopNow.Com, Sun Microsystems, Looksmart, Qualcomm, Sycamore Networks, and Yahoo.
  
  NYSE:
  
  Telecommunications, Retailing, Utilities, Banking, and Technology stocks like: AOL, Alcatel, American Express, Bank of America, Bank One, Citigroup, Chase, 3Com, GE, GTE, Sprint PCS, Sprint, Hewlett Packard, Charles Schwab, Donaldson Lufkin, Legg Mason, FirstStar Bank, Fifth Third Bank, JP Morgan, Merrill Lynch, Morgan Stanley, Provident Bank, John Hancock, Prudential, Lucent Technologies (LU), Micron Technology, Texas Instruments, Compaq, AT&T, IBM, Tektronix, Johnson & Johnson, E.I. Dupont, Dow Chemical, Dominion Resources, El Paso Energy, Nortel Networks, EMC Corp., Pfizer, Merck & co., Federated Dept. Stores, Kmart, JC Penny, P&G, Tyco, Three Five Systems, Unisys, Xerox, Walmart, Wells Fargo, and ZDNet will do well.
  
  REASONS BEHIND THE PICKS
  
  • The inclusion of Intel and Microsoft in the Dow 30 index will improve the performance of Technology and Internet stocks; NASDAQ also stands to gain from its first ever Dow recognition.
  • The major Internet and Technology stocks are very much a bargain.
  • Strong earnings reports continue to be released, especially Technology companies.
  • Comments from the fed chairs, and the consumer confidence report will likely weigh the market down the rest of the week.