Wednesday, November 15, 2006

 

Bulls Take Charge

The Bulls decided to take charge late in the session on positive economic news and strong earnings reports from Wal Mart and Target. The Dow tacked on 86.13 points to close at 12,218.01. The SPX rose 8.80 points to 1,393.22.

With only two days to go expiration on the SPX we are still in the green and looking ok. I would really like some downward or no movement today to set us up nicely for Thursday. The Fed release their minutes today and any bad news regarding inflation could send the markets lower.

Until next time.





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