Stocks Continue To Advance
The stock market was up again today with the dow posting its 7th consecutive up day.
Next week I'm going to watch the financials closely to see if they can rally because they have been lagging the market. I think in order for the stock market to sustain these new highs the brokers and banks need to participate.
As of now the market is moving higher and there is no reason to try and argue with these new highs. I've been long and short individual stocks but I haven't made a market bet with the SPY's or Q's. We'll see what happens next week.
1 comment:
The REIT's are also keeping down the financial sector. I hope they move up soon. ;-)
FF
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