Market Soapbox 04/18/07
WEN, split tape, DJIA +31 on average volume with midlin internals. All UP cept NDX, NAZ, MID, XAU, XOI, RUT.
Bonds up 10yr yield -3 bps 4.65, $ down vs 118.66y & vs 1.3607E, WTI crude up $63.13, gold up $693.3
THU: AMD, BofA, Dr. Horton, Google, Harley Davidson, Merck, Merrill Lynch, Nokia, Southwest Air. FRI: Caterpillar, McDonalds, Xerox.
Yesterday & today: NDX holding below 1838, perhaps headed for 1861; SP500 holding 1474 perhaps headed for 1520.
14 advances in 15 sessions, DJIA closing above 12,800, within 8 pts of all time high.
MID & DJUA all time highs; RUT banging off magic number 731 and looking like Twin Peaks.
See today's other posts for the gory truth... Often wrong, but never in doubt, this is the Nattering Naybob and your not!!!
Bonds up 10yr yield -3 bps 4.65, $ down vs 118.66y & vs 1.3607E, WTI crude up $63.13, gold up $693.3
THU: AMD, BofA, Dr. Horton, Google, Harley Davidson, Merck, Merrill Lynch, Nokia, Southwest Air. FRI: Caterpillar, McDonalds, Xerox.
Yesterday & today: NDX holding below 1838, perhaps headed for 1861; SP500 holding 1474 perhaps headed for 1520.
14 advances in 15 sessions, DJIA closing above 12,800, within 8 pts of all time high.
MID & DJUA all time highs; RUT banging off magic number 731 and looking like Twin Peaks.
See today's other posts for the gory truth... Often wrong, but never in doubt, this is the Nattering Naybob and your not!!!
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