Earnings test rally's strength

April 2009
Dow Theory Forecasts;4/20/2009, Vol. 65 Issue 16, p3
The article reports on the performance of stocks in the U.S. It reveals that the Dow Industrials recovered to 1,536 points following its decline of 6,511 points from May 2-March 2009, meanwhile, Dow Transports declined 3,346 points from June 5-March 9, 2009. It is anticipated that the Standard & Poor 500 Index will experience a downfall of 37 percent year-on-year in March and ratio of negative profit warnings to positive warnings of the companies listed in the index will be 4.7-to-1.


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