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Zantrio.com Market Review February 8, 2010
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Hasbro reported an increase of $1.09 per share, or $165.6 million, up from $93.6 million in the same quarter last year. CVS reported a gain of $0.74 a share or $1.05 billion in the fourth quarter, up from the $949 million they earned in the same quarter last year. Net revenue for the fourth quarter increased by $1.7 billion to $25.8 billion; analysts' expected revenue of $26.43 billion. CIT Group announced Sunday that former Merrill Lynch CEO John Thain will be their new CEO, in a statement Thain said, "Much has been accomplished in recent months to position CIT for renewed success, we will build upon this progress and work even harder to support small and mid-market businesses. CIT can and will serve an important role in the recovery of the U.S. economy and the creation of jobs." Stocks fell in the trading session as investors watch to see what happens in Europe. Dow Jones Industrial Average fell 100 points, the Nasdaq Composite Index fell 15 points and the Standard & Poor’s 500 Index fell 9 points. Bond prices fell, the yield on the benchmark 10-year note rose to 3.57 from 3.56 Friday. Commodity prices rose today, gold rose $13.20 to $1,066.00 an ounce and crude oil rose $0.68 to $71.87 a barrel.

Free Daily Stock Picks activity and results for February 8, 2010:

CGA - 2nd Target Level hit for a gain of 0.56 points

CNA - 1st Target Level hit for a gain of 0.35 points

HAS - 3rd Target Level hit for a gain of 1.33 points

LO - 1st Target Level hit for a gain of 1.12 points

Total: 4 positions; +3.36 points; $336 (based on 100 shares)

Stocks Day Trading Picks results:

Total: 6 positions; +4.75 points; +$475 (based on 100 shares)

Forex Day Trading Picks results:

Total: 1 positions; +$100.00 (based on 1 contract)

Futures Day Trading Picks results:

Total: 4 positions; +$50.00 (based on 1 standard lot)

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