Red Roadmaster Stock Talk

Apollo Group Inc. CEO Chas Edelstein

30th June, 2009 – Live Trading News  Alert:  The Red Roadmaster looks at Apollo Group Inc. (APOL) and Converted Organics (COIN) for the 1st time.

Apollo Group Inc. CEO Chas Edelstein

Recap of the US Stock Market Action for 29 June 2009

Financials led yesterday’s top advancer followed by technology.

DJIA + 1.1%, S&P 500 + 0.9% and the NAS + 0.3%

US stocks closed up yesterday as higher Crude Oil prices buoyed shares of energy companies and fund managers bought the Q-2’s winners to polish portfolios.

The S&P 500 is up 16.2% on the quarter, putting it on track for its best quarter since the Q-4 Y 1998, when the index jumped nearly 21%. The S&P 500 has gained 37 %since hitting a 12-year closing low on March 9, 2009.

The DJIA gained 90.99 pts to close at 8,529.38, the S&P 500 was up 8.33 pts to close at 927.23, and the NAS posted + 5.84 pts to close the session at 1,844.06.

Positive action in overseas markets added to Wall Street’s good cheer.

Full report below:

THE HOT LIST

Hurricane Earl Hot List BUGS, FUEL, BCON, GV, Cat Bonds