Thursday, November 12, 2009

 

Still making Highs

The gains just kept on coming Wednesday though volumes were low due to Veteran's Day. The Dow added 44.29 points to end at 10,291.26. The SPX added 5.50 points to 1,098.51. We are still in the green but would really welcome a few down days.

Not really much to say. Stocks rallied on a further decline in the dollar. Comments from Fed leaders, including Dallas Fed President Richard Fisher, continue to show that interest rates will remain low for some time which traders are happy with.

Until next time.





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