Tuesday, October 12, 2010

Stocks Edge Higher - NASDAQ Leads The Way


Stocks edged higher today with all the major indices up slightly for the day. Over the past six weeks, the NASDAQ has been the leader and has just broken out of its recent consolidation. You'll notice in the above chart that the NASDAQ is within a day's range of making new highs for the year. I continue to be bullish on stocks especially now that I see money leaving the bond market.

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