Thursday, November 30, 2006

 

Bad News Good News Not Much Movement

Mixed data reports, bad and good meant the markets declined and then went up.

In the end the SPX added 1.15 points to 1,400.63 and our position is nice and green.

Friday’s session will be highlighted by the ISM Index as well as speeches by several Fed Presidents, including Fed Chairman Bernanke. It will be interesting to see how the Fed feels about the most recent economic data and how it might impact their interest decisions down the road.

Until next time.





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