This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stock Market Game Week in Review

The Stock Market Game is a curriculum-based teaching tool that allows students to invest a hypothetical $100,000 online stock portfolio to learn about long-term saving and investing.

The Stock Market Game Week in Review: Spring 2009 Inaugural Edition

Happy New Year!

Stocks rallied in the early days of 2009, but have soured as of late. Friday, the federal government came to the assistance of Bank of America (BAC - Get Report) with $20 billion from the Troubled Asset Relief Program (TARP). The funds will help the bank absorb Merrill Lynch. Markets liked what they saw as banks led a Friday morning rally sending the Dow and S&P 500 higher. Alas, while both indicators closed the day in positive territory, they were down for the week.

Citigroup (C - Get Report) led much of the week's news announcing that it will sell Smith Barney to Morgan Stanley (MS - Get Report) and abandon its "financial supermarket" business model in order to raise capital. The new strategy will split the bank in two, leaving performing assets on one side and troubled assets on the other.

Wall Street is crossing its fingers and hoping that the downtrend that prevailed most of this week will not lead to a testing of the Nov. 20, 2008 bottom on the Dow. Many economists believe that the first two quarters of this year will bring more bad news, but that the economy will begin its recovery in the second half. Others are not so sanguine and predict that a rebound will elude us until 2010. There are also some prophets of doom out there saying we won't see growth until 2011. However, they're a small cohort. Let's hope they're wrong.

In other news, President-elect Obama's transition team announced that the second half of the TARP money for banks that was approved by the Senate Thursday will have more oversight and strings attached. Obama also rolled out an $825 billion stimulus package that he vows will be his first order of business when he takes office at 12:00 p.m. EST on Tuesday, Jan. 20.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
LCC $0.00 0.00%
C $54.08 0.00%
BAC $17.44 0.00%
MS $33.61 0.00%
AAPL $118.03 0.00%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs