Current Financial Situation
The article is titled “Stocks: Trying to Recharge the Rally” by Alexandra Twin, a CNNmoney.com senior writer. It is an online article but put on paper it’s about three pages long. It was published by CNNmoney.com © Cable News Network. A Time Warner Company. All rights reserved. It was written on October 25, 2009: 8:56 AM. The article is neither a part of a series or a specific edition. The article is structured in a way that makes reading it easier. It has headings with explanations and subheadings. For example, “Economy: Here's what else is on tap: Monday: No market-moving economic news is due Monday.” From reading the article you notice that the article isn’t biased. Its author relies solely on facts and never displays any personal opinion.
The purpose of this article was to inform the reader on what is going on currently with the United States economy. At the same time, it gives the reader insight on what may lie ahead concerning the stock market. The author is trying to relay to the reader how the quarterly reporting period has gotten off to a bang-up start, with 81% of companies outshining analysts' forecasts. She also wants to give the reader enough information for them to know what to expect this upcoming week. For instance, she gives a week outline, from Monday to Friday, on what specific events are going to happen on the specified day.
Yes, I do believe Alexandra achieved the goals set forth. She supported herself in every aspect of the article. She included statistics, graphs, charts, statements of CEOs and others. One example of this would be from CEO Gary Webb who said; "I think we're likely to build on the gains from here, but it's not going to be at the same rapid pace we've seen.” Moreover, she included a very good chart of the S&P 500 which is a market free float-weighted index published since 1957 of the prices of 500large-cap common stocks actively traded in the United States. After the Dow Jones Industrial Average, the S&P 500 is the most...
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