" This is Money Markets & More for Thursday April 2 2009. From the newsroom of the MarketWatch radio network I'm Steve Potisk coming up. Car sales stink but other signs of hope. Looking to make a quick buck on John were not coming up how about scalping some tickets that's a naughty word is -- it and Kansas and it's gotten a lot more sophisticated these days thanks to the Internet. And we'll have that story in a moment oh and it's the end of an era but first want the latest buzz from Wall Street. "

" Listen to morning's stock talk on iTunes and on marketwatch.com. Slash podcasts."

" On the -- first time jobless claims and factory orders take the economic spotlights some earnings of interest Monsanto Rite -- Micron Technology. And Blackberry maker Research in Motion on this date in business history 1792. The coinage act was passed establishing the US -- Ninety note to the first full time US movie theater opened in Los Angeles of all places. 1956. As the world turns on the edge of night soap operas premiered on CBS television. And in 1973. The lexis nexis computerized legal research service was launched. Now it was no April fool's joke as Wall Street put the first day of the new month into the win column. Stocks started the day lower after word from payroll processor ADP that the economy lost a worse than expected 742000. Private sector jobs in March. But an encouraging report on manufacturing and an increase in pending home sales helped to turn stocks around. So the Dow rose 153 points NASDAQ added 23 and the S&P gained. Thirteen now there was more horrible news across the board from auto makers on Wednesday GM's sales sank 45%. Last month Ford down 41%. Chrysler down 39%. Even Toyota Honda were down nearly 40% but MarketWatch auto reporters from -- tells Steve."

" He wasn't as bad as lot of people and expect and it was ended by any stretch that there's some silver lining here and if you retail demand ticket just a little bit. On the executive across some of these auto makers as they come and seen some sort of -- bottom forming which they haven't really talked about too much recent months. They've improved the bearish on the rest here but this the first time actually there's -- optimistic. Outlooks from a conference call."

" Was there anything else that you felt that was really positive for the automakers this past month."

" I think he near the end of the month -- infant but started kicking a little bit so far from buyers come for the -- and now they're really running some big incentives -- is and that's yet. If you're Java book cover you for a few months can and I work really well and I. And Jim Porter now using that and that's actually helped boost sales this month so we might see a couple months here or he's some. Sort of semblance of a return to decent sales numbers but. But really don't like continue to be a tough -- in general how bad can -- get this year of the numbers of their -- you know really and the numbers are looking at around ten term."

" And eleven million units which is really tough to sustain these businesses. Twelve to thirteen million of kind of the baseline number -- auto makers looking just get you know maybe make a little money."

" Right now they're running well below that of this month looked like it was maybe nine and a half million on the sales -- I had an they've really need to pick up before the start showing and it sort of rebound."

" And that might take you know the rest the end and into next year's it'll be you know tough -- the next few months at least."

" All right ticket scalpers like just about everybody else they have gone high tech. And and right there are coming up with a concert here's John were Arkin and Kate's."

" Maybe some people out there are trying to scalp tickets to make some extra money you know you're unemployed you need some money so you buy some cheap tickets and you -- for a lot more money. Apparently it's going on a lot these days in the Internet is changing the concert ticket scene. And joining us fresh off of the latest Metallica. Concert or was at ten Red Hot Chili Peppers as his Guns 'N Roses Guns 'N Roses actually use saw them recently no eyesight CDC -- whenever he has. Consumer race and -- here to joining us to talk about what you should be looking out for when it comes to concert tickets. So how bad is this what's going on with this."

" What's happening is a lot of professional scalpers out tickets as you know most ticket sales are online now and you know we're standing in a box office waiting to get great ticket. So they have this sophisticated technology that. They can literally scoop up thousands of tickets all it wants. Turnaround to resell them at a much higher price so individual fans often times find themselves shut out YouTube for example recently put it sky concert tickets on -- For when their appearance in September for at Giants Stadium in New Jersey. Instantaneous sell -- on ticketmaster and almost right after that would literally in minutes people had them up on places like. Tickets now dot com and selling them at a premium back one guy. Was selling 230 dollar ticket for 10000 dollars that is knots in a recession but a what do you think and."

" While he's -- maybe he has unemployed may need some money who knows in us who knows what's going through the minds of some of these people marking up these tickets. Is there anything being done to to stop this source is going to be -- runaway train."

" Well believe it or not there is actually a trade group representing -- scalpers but secondary ticket sellers. And they say it's a free market thing supply and demand that the hot concerts have tickets are going to sell out fast and people are willing to pay a premium for them. And sometimes these dealers say they sort of take a bath on the less popular shows is a step of the tickets and and find they can't sell them. And they actually have a lobbying group representing them in Washington. I need to get my own lobbyists of representing me in Washington. CU to. Are gonna pay through the nose if they wanted -- it's can be very expensive out there and I've been in the situation where. I have -- tickets go on sale at 10 AM and your on your computer. At 959 right at -- you going to try to get the tickets and and it's sold out and in your thinking how does this happen."

" I'll unfortunately I think this is going to be. Something that happens more and more as we rely on this thing called the Internet to lose or controlling the marketplace apparently AM so. Unfortunately I mean when I saw AC DC I had someone by the tickets for me. Site and have to worry about this but I have run into similar scenarios when buying tickets for sporting events. Where the person selling them. Severely marks up the price from. What would normally be -- 23 dollar seat up to a hundred bucks on -- dude you are nuts then I guess that people are willing to pay for it then. One well there are stupid enough to pay for -- Ford are stupid and I -- I you know I do not need negotiate game that badly to pay four times the price is now. Consumer race and Kate's joining us to talk about the hottest consumer trends out there. If you want to -- S MarketWatch radio newsroom at Yahoo.com. That's MarketWatch. Radio newsroom. At Yahoo.com. Right and yup that's thanks again."

" And finally."

" The bottom and yes that is the end of an era as the longest running TV drama prepares to bring down the curtain. It was 72 years ago that the Guiding Light started on radio. And in 1952 the show moved to television but come September the show will be no war with CBS switching off the lights student. Falling ratings in the quest for cheaper programming. So long -- family so long Springfield. Hey there may be some hope the show's producers are looking for a new home for Guiding Light. Hopes on an -- watch the show. That's extra Money Markets & More and Steve Potisk Kelsey and next time."