Market Soapbox 01/31/07
WEN, broadbased surge, DJIA +98 on average volume and pretty internals. All UP cept SOXX. Bonds up BIG 10 yr 4.81, $ down vs 120.68y & vs 1.3035E, gold up 1.3% $658.70, crude up 1.8% 58.00.
Stocks, bonds, gold & crude all up BIG, while the dollar got pancaked. FOMC holding at 5.25, guvmint & media spin doctors busy dishin out the Happy Daze news....
RUT hit 803, MID 834, all time highs, SP500 hit 1441.61 to close at 1438.24. DJIA was up 137 pts but faded into the close, Looking at a chart, is it Twin Peaks? or is it onward and upwards?
Stocks, bonds, gold & crude all up BIG, while the dollar got pancaked. FOMC holding at 5.25, guvmint & media spin doctors busy dishin out the Happy Daze news....
RUT hit 803, MID 834, all time highs, SP500 hit 1441.61 to close at 1438.24. DJIA was up 137 pts but faded into the close, Looking at a chart, is it Twin Peaks? or is it onward and upwards?
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