12 Reasons Markets Moved This Week

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Dow 11,871 S&P500 1,283 Nasdaq 2,689 Gold 1,341

The Dow bucked the trend this week, keeping its head in the winning column while the other major markets lost ground.

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Now, for the 12 reasons markets moved this week:

Monday

• Markets were closed to observe Martin Luther King Day.

Tuesday

• Dow heavyweight components Boeing (NYSE:BA) and Caterpillar (NYSE:CAT) were both up 3.4% and 2.8% respectively. Dow 30 Quarterly Earnings Preview>>

• The pro-business sentiment is picking up for Obama and the newly divided Congress. Today’s edition of the Wall Street Journal published Obama’s pro-business editorial. All the chatter on Wall Street was positively keep the markets stable and ticking higher. Can President Obama Achieve the Economic Middle Way?>>

• Gold (NYSE:GLD) moved slightly higher today. Following the weekend publication of the 2011 Barron’s Roundtable, many investors and traders caught wind of the general pundit theme…Gold is still good to own. Don’t Miss: Gold & Silver Premium Vastly Outperforms with 86.5% Return in 2010>>

Here are Tuesday’s Top Moving Stocks:

• Ener1 Inc. (NASDAQ:HEV), Apple Inc. (NASDAQ:AAPL), Comerica Inc (NYSE:CMA), Ariad Pharma (NASDAQ:ARIA), Sterling Bancshares (NASDAQ:SBIB), Delta Airlines (NYSE:DAL), Citigroup (NYSE:C), Datalink Corp (NASDAQ:DTLK), HearUSA (AMEX:EAR), IBM (NYSE:IBM), Ameritrade (NASDAQ:AMTD), Cree, Inc. (NASDAQ:CREE), Fastenal (NASDAQ:FAST), Western Digital Corp. (NYSE:WDC). Check out: Here’s the 50 MOST HATED Stocks on the NYSE>>

Wednesday

• Dow heavyweight components Goldman Sachs (NYSE:GS) and American Express (NYSE:AXP) disappointed Wall Street. Goldman missed earnings expectations and AXP forewarned they will miss forecasts. Check Out: Your Cheat Sheet to Bank Earnings for January 19th >>

• Semi’s got crushed on news Asian demand is slowing because of inventory.Cree Inc. (NASDAQ:CREE) let the cat out of the bag and even Apple (NASDAQ:AAPL) couldn’t stay in the green. Here’s Why Apple Shares Were Up After Earnings for a While >>

• Gold (NYSE:GLD) moved slightly higher today. Anytime the US and China talk currency, precious metals seem to win. Don’t Miss: Gold & Silver Premium Vastly Outperforms with 86.5% Return in 2010>>

Here are Wednesday’s Top Moving Stocks:

• Apple Inc. (NASDAQ:AAPL), International Business Machines (NYSE:IBM), Northern Trust Corporation (NASDAQ:NTRS), State Street Corporation (NYSE:STT), Wells Fargo & Company (NYSE:WFC), Plexus Corp. (NASDAQ:PLXS), eBay (NASDAQ:EBAY), Comcast (NASDAQ:CMCSA), SLM Corporation (NYSE:SLM), ADTRAN, Inc. (NASDAQ:ADTN), Cree, Inc. (NASDAQ:CREE), Genetic Technologies Limited (NASDAQ:GENE), MGIC Investment Corp. (NYSE:MTG). Check out: See Why These Shares Moved >>

Thursday

• China’s (NYSE:FXI) GDP report is starting to scare people about inflation. That’s why we’re in the red on a day with some good econ data and a nice beat by Morgan Stanley (NYSE:MS).Check Out: Existing Homes Sales Jump Most in 30 Years >>

• Initial Unemployment Claims improved, but remain above 400,000. Here’s the Charts to Put Unemployment in Historical Perspective >>

• Gold (NYSE:GLD) got dropkicked. Usually inflation talk brings buyers to Gold — not today. Don’t Miss: Gold & Silver Premium Vastly Outperforms with 86.5% Return in 2010>>

Here are Thursday’s Top Moving Stocks:

• Morgan Stanley (NYSE:MS), Google (NASDAQ:GOOG), Intuitive Surgical, Inc. (NASDAQ:ISRG), Walmart (NYSE:WMT), JPMorgan (NYSE:JPM), Wendy’s Arby’s Group Inc. (NYSE:WEN), eBay (NASDAQ:EBAY), F5 Networks, Inc. (NASDAQ:FFIV), Dillard’s, Inc. (NYSE:DDS), Advanced Micro Devices, Inc. (NYSE:AMD), Skyworks Solutions, Inc. (NASDAQ:SWKS), Capital One Financial Corp. (NYSE:COF), Southwest Airlines Company (NYSE:LUV).Now See Why These Shares Moved >>

Friday

• General Electric (NYSE:GE) had a landmark day and pulled the Dow to victory.When GE is up 7% in one day, the Dow smiles. Check Out: C’Mon, Man! Jeff Immelt’s New Economic Advisory Role is NOT a Conflict of Interests >>

• Tech continues to slide. Yesterday’s news of Eric Schmidt’s departure from Google’s (NASDAQ:GOOG) CEO post has the fear spreading across Silicon Valley.Question of the Week: Is Netflix About to Crash? >>

• Ag was a lone bright spot. Yesterday’s inflation meme is benefiting someone.Don’t Miss: What Bubble? Commodities Have More Upside in 2011 >>

Here are Friday’s Top Moving Stocks:

• General Electric Company (NYSE:GE), The Pep Boys – Manny, Moe & Jack (NYSE:PBY), Google (NASDAQ:GOOG), Warner Music Group (NYSE:WMG),Schlumberger Limited (NYSE:SLB), Marshall Edwards (NASDAQ:MSHL), Bank of America (NYSE:BAC), Oracle (NASDAQ:ORCL), Airgas (NYSE:ARG), Dillard’s, Inc. (NYSE:DDS), Advanced Micro Devices, Inc. (NYSE:AMD), Intel (NASDAQ:INTC), Amazon (NASDAQ:AMZN), Southwest Airlines Company (NYSE:LUV).
• Now See Why These Shares Moved >>

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