Jerome P.

Bryant Wall Street Journal Project November 17, 2010 Finc 5000

STOCK MARKET

1. DJIA OPEN 11390.42 11416.45 11332.97 11267.96 11223.08 HIGH 11454.44 11453.01 11395.37 11350.3 11307.69 LOW 11324.74 11293.35 11239.69 11175.17 11114.1 CLOSE 11406.84 11346.75 11357.04 11283.1 11192.58

November 8, 2010 November 9, 2010 November 10, 2010 November 11, 2010 November 12, 2010

2. S & P 500 OPEN 1223.24 1223.59 1213.44 1213.04 1209.07 HIGH 1224.57 1226.84 1218.75 1215.45 1210.5 LOW 1217.55 1208.94 1204.33 1204.49 1194.08 CLOSE 1223.25 1213.4 1218.71 1213.54 1199.21

November 8, 2010 November 9, 2010 November 10, 2010 November 11, 2010 November 12, 2010

3. NASDAQ Composite OPEN 2570.86 2587.08 2564.31 2534.24 2540.47 HIGH 2583.3 2592.94 2578.78 2559.99 2552.24 LOW 2566.78 2552.93 2545.46 2524.12 2506.4 CLOSE 2580.05 2562.98 2578.78 2555.52 2518.21

November 8, 2010 November 9, 2010 November 10, 2010 November 11, 2010 November 12, 2010 4. RUSSLL 2000

November 8, 2010 November 9, 2010 November 10, 2010 November 11, 2010 November 12, 2010

OPEN 734.46 737.86 726.76 734.17 727.74

HIGH 737.88 738.99 734.87 743.21 729.26

LOW 731.68 723.17 721.53 724.77 718.8

CLOSE 736.77 725.98 734.87 731.58 719.27

MONEY AND CREDIT MARKETS: US Treasury 2 Year Note

November 8, 2010 November 9, 2010 November 10, 2010 November 11, 2010 November 12, 2010

OPEN .37 .398 .443 .418 .418

HIGH .398 .443 .443 .418 .508

LOW .37 .398 .418 .418 .418

CLOSE .398 .443 .418 .418 .508

US Treasury 10 Year Note

November 8, 2010 November 9, 2010 November 10, 2010 November 11, 2010 November 12, 2010

OPEN 2.53 2.551 2.658 2.628 2.628

HIGH 2.551 2.658 2.658 2.628 2.788

LOW 2.533 2.551 2.628 2.628 2.628

CLOSE 2.551 2.658 2.628 2.628 2.788

Bond Buyer Munni Bond Index

OPEN HIGH LOW CLOSE November 8, 2010 118.13 118.13 117.75 117.75

November 9, 2010 November 10, 2010 November 11, 2010 November 12, 2010

117.75 116.53 115.97 116.03

117.75 116.53 115.97 116.03

116.53 115.97 115.97 115.5

116.53 115.97 115.97 115.5

Dow Jones Corporate Bond

November 8, 2010 November 9, 2010 November 10, 2010 November 11, 2010 November 12, 2010
Weekly News Makers Monday:

OPEN 273.25 273.18 271.38 271.81 271.81

HIGH 273.25 273.18 271.81 271.81 271.81

LOW 273.18 271.38 271.38 271.81 270.24

CLOSE 273.18 271.38 271.81 271.81 270.24

Fed Global Backlash grows: After a series of moves to jump start the economy, the Federal Reserve is feeling some backlash from the global market. Different players in the G-20 conference feels like this is a move to make their own economy weaker as they wont be able to compete with the United States. Dilma Rosseff , president elect from Brazil states that The last time there was a competitive devaluation of currencies it ended up where it did, in the Second World War. While China Vice Finance Minster states The US decision does not recognize as a country that issues one of the worlds major reserve currencies, its obligation to stabiles capital markets. President Obama feels that the move is necessary to create jobs here in America. The Feds mandate, my mandate, is to grow our economy. And thats not just good for the United States, thats good for the world as a whole. Tuesday: Gold, Cotton and other commodities grow as the Fed stimulates the economy and China growth drive demand. Cotton is up 100 percent from this point last year; while,

Gold is up 29 percent soy beans 27 percent copper up 21 percent and crude oil up 9 percent. The international Energy Agencys Chief Economist said that Chinas needs could drive oil up to $110 per barrel by 2015. This continue growth of China makes these commodities prices grow they make them a safe investment. Wednesday: President Obama created a deficit panel to take a hard look at how the country can bring down the national debt. The panel came up with a plan to save $3.8 trillion dollars as it target making major changes in Medicare, the Pentagon, and tax structure. Both the democrats and republicans feel like this is a great step but would not vote on the panel as it is currently structured. Some of the major changes are: cutting the federal work force by 10 percent, freezing government raises for 3 years, raising the retirement age to 69. The pentagon would take the biggest hit at an estimated 100 million dollars. Thursday: The federal government tries to decrease the trade deficit with South Korea. This didnt go as plan and was a major blow to the Presidents job growth plan. Many feel that because the deal didnt get done during these talks that it would be unlikely that the plan would go through again. The major issues behind the talks are American automobiles and beef. Although the deal didnt get done many people including the President of the AFL-CIO believes the President is doing the right thing. Friday: China plans to buy stake in GM IOP. The country plans to purchase up to 16 percent of the shares in the new IPO. This cause concerns across the country including with Ralph Nader who is lobbying for the stop the IOP to ensure that the United States can get the most out of bailing out GM. The United States Treasury has to walk a fine line, it will need foreign investors to purchase in order to get the return it needs but if it is too much people will feel like tax payers dollars were wasted last year.