Wall Street to Main Street: News, Views and Commentary: April 19, 2006

It’s Wednesday April 19, 2006, and the market rallied in yesterdays trading session shrugging off higher crude oil prices and powering upward, the Dow Jones closed up 194.99 to 11,268.77 while Nasdaq closed up 44.98 to close at 2,356.14. We may see some follow through in this mornings trading session.

The NAMC Newswire’s “Wall Street to Main Street” segment in its entirety is only available to subscribers as of Monday April 17, 2006. Don’t miss out and Keep in mind that all subscriptions are free and will remain that way. All that you need to do is go to¬†and add your email address to receive the full segments. More details please visit:-https://researchsnipers.com/ https://auroson.net/ https://entrepreneursnews.org/

Remember that you can always listen to the NAMC Radio on Streetiq.com, the leader in financial podcast

Political Front

Just like the Rolling Stones, Chinese President Hu Jintao was greeted with all the fan fare and media attention that he could ask for. He stepped on U.S. soil yesterday and was greeted by Microsoft founder (NASDAQ: MSFT) Bill Gates. This meeting seemed to have gone well as President Hu pledged that action would be made in regards to software piracy.

Another note on China, they have set limits as to how much a certain region can invest in the United States and according to reports China may lift that limit to encourage more global business. This is sure to boost the merger and acquisition activity in China and the United States. This is one of the reasons that brokerage firms such as Goldman Sachs (NYSE: GS) and banks such as Citigroup (NYSE: C) have made great efforts to establish themselves in the region over the past year or so.

As the worry grows in regards to a potential conflict in Iran the price of Crude Oil skyrockets reaching historic highs. We mentioned a few companies to look at that stand to benefit from the rising crude oil prices and here is just a brief recap, companies to look at are Energy Partners Limited (NYSE: EPL), Forest Oil Corp (NYSE: FST) and Occidental Petroleum (NYSE: OXY).

Related Posts

Leave a Reply

Your email address will not be published.