Wednesday, October 24, 2007
Still Looking Shaky!!
Stocks saw gains on positive earnings reports from blue chips and the tech sector Tuesday. The Dow added 109.26 points ending the session at 13,676.23. The SPX tacked on 13.26 points to close at 1,519.59.
There was good news from Amazon, Apple and Amex which cheered the markets....for today at least. Oil pirces although inching down seem to have gained support at $85 level. This will not be good for sentiment going forward.
As for our play there is a Fed Meeting one week away. I don't think we need to do anything until after that is out of the way.
Until next time.
There was good news from Amazon, Apple and Amex which cheered the markets....for today at least. Oil pirces although inching down seem to have gained support at $85 level. This will not be good for sentiment going forward.
As for our play there is a Fed Meeting one week away. I don't think we need to do anything until after that is out of the way.
Until next time.
# posted by Paul @ 5:45 AM 
