Market Observations 11/14/06
Late day followthrough and short covering brought the DJIA to new all time high close 12217. DJIA +86 on average volume with brillant internals.
All UP cept DJTA & XAU, weak DJUA, 10 yr UP BIG, yield at a 7 month low 4.57, crude & gold steady.
NDX at 1787 and headed for 1796, SP500 finally pierced 1389 to close at 1393, headed for 1405, a temporary resting point before SP500 1430?
All UP cept DJTA & XAU, weak DJUA, 10 yr UP BIG, yield at a 7 month low 4.57, crude & gold steady.
NDX at 1787 and headed for 1796, SP500 finally pierced 1389 to close at 1393, headed for 1405, a temporary resting point before SP500 1430?
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