iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

DOW Has Its Best Rally Since July of 2010

It seems like everyday there is a new record broken. Not in any fashion displaying gusto or strength.

The wall of worry continues to be scaled by markets yet again in nonsensical trading.

Today though we did get good manufacturing numbers along with less than expected initial claims. Europe and their problems are in the rear view mirror and Apple can lead the NASDAQ 100 every day….accounting for 34% of this years NASDAQ gains.

Life is full of unexpected events and the markets seem to be one of those head scratches.

When ever this pig stops flying we will most certainly skip the stairs and hop on the express elevator down.

DOW UP 55

NASDAQ UP 16

S&P UP 8

GOLD UP $16 @$1658

OIL DOWN  $0.17 @ $105.37

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