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Stocks Going Up?

Started by Rod Kaufman, 02/05/2012 05:19PM
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Posted 02/05/2012 05:19PM Opening Post
Rod Kaufman
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Join Date: Jun 2001

Location: Castaic CA, US

Posts: 12453

Manufacturing and construction up in the USA. Jobless rate heading downward.
Stocks upward. Will the trend prevail?
Oops, almost forgot Greece but if they can get their deal together this week and consumer sentiment goes up on next Friday, it may be the turning point for a big rally:
http://money.cnn.com/2012/02/05/markets/sunday_lookahead/index.htm?source=cnn_bin
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Posted 02/05/2012 05:38PM #1
Lee Spain
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Sounds like a good time for Israel to bomb Iran, spike the price of oil, and tank the whole thing . . . wink
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Posted 02/05/2012 06:58PM #2
Alex McConahay
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Just as interesting as the fact that they are headed upward, have you noticed how much more stable they are. A few months back we were having hundred of point swings per day in the DJIA. Now it seems that the traders are basing things more on fundamentals than on flash news reports, etc.

Alex
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