Dow rose 413 closing at the high, taking it clearly above 9K. Advancers were over decliners better than 4-1 & NAZ was up 58. Today's gains were led by 2 Dow energy stocks. Chevron (CVX) & Exxon Mobil (XOM), each rose around 7 from oversold levels (lowest levels in 3 years) & with P/E ratios of 7 & 9 respectively. An expected production cut in oil is a key factor for higher prices. Following the 50+% decline from summer peaks in oil prices, gas went down, below the $3 per gallon level, one degree of help for the ailing economy. The Oil ETF shown below tracks oil, tagging along with every price swing even though the price look different: CLX08.NYM<td[More...]
Bob Leonard interviews the
President
of
Effective Control Trucking LLC,
Raphael Huppe about t
he company's recent announcement that they now have offices in Canada; Montréal and Toronto, the United States; Houston and Miami, London, England, Paris, France and Melbourne, Australia. The company is experiencing rapid growth on a global level due to the number of unsolicited enquiries we had for their product line-up. Listen to this podcast to learn more.
Saul Albom interviews Samuel Kovnat, CEO and Chairman of Flight Safety Technologies, a development stage company pursuing advanced technologies aimed at enhancing safety, security and efficiency for the aviation industry. These new technologies include the Aircraft Wake Safety Management (AWSM) system is being developed to provide a total airport system solution to the need for increased airport capacity with enhanced safety. SOCRATES is an airport based laser acoustic sensor for the detection and tracking of wake vortex turbulence. UNIversal Collision Obviation and Reduced Near-miss(UNICORN) is an airborne radar for collision avoidance using state of the art components to achieve low cost, small size and light weight. Tactical Integrated Illumination Countermeasure (TIICM) is an airborne passive countermeasure initiative to protect airliners against the threat of certain terrorist missile attacks.
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