Friday, April 20, 2007

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:

FrediFizzx said...

The REIT's are also keeping down the financial sector. I hope they move up soon. ;-)

FF

Money-Making Ideas

DISCLAIMER

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
 
Google
Technorati Profile Finance Blogs - Blog Top Sites