I couldn’t have scripted today any better. After a quick pullback early, the market steadily rose, closing strong the last hour. True to my word, I did go long a bunch of stocks. Actually, I jumped the gun a little and bought a few names prior to the last hour.
Today I bought C, $6.89 ; M, $6.99; FCX, $25.04; EXC, $54.75; MO, $15.81; NOK, $14.50 and GLD, $80.03 among other names.
Although the “all-clear” has not yet sounded, the market is looking a little better. The often looked for year-end rally may now be upon us, for however long that might be.
Let us all give thanks.
Everyone have a Happy Thanksgiving and God bless.
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