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S&P 500: 1,342.64 Change: +0.17%
Clark2005
P&P Score: 99.94   Points: 900.20   Accuracy: 48.00%   Average Pick Score: 1.37   Annual Return: -6.33% (-23.32% since 6/7/08)  

Clark2005's Blog : 7/23 Market News Collections

Date July 23, 2009    Comments Comments (0)    Rate this post Recommend This Post (187)   
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Dow ..... 9,069.29 .... +188.03 (2.12%)
S&P 500 ... 976.29 .... +22.22 (2.33%)
Nasdaq ... 1,973.60 .... +47.22 (2.45%)

Dow Watch: Onward to 10000 ---TheStreet.com -
Stocks Cling To Highest Gains In Months Forbes
Dow tops 9000 for first time in months Bizjournals.com
Home sales up, values still falling Bizjournals.com
Dollar jumps vs. yen as US stocks rally --MarketWatch -
Fed's Fisher Says 'Faint Recovery' Starting in US -- Bloomberg -
McDonald's 2Q profit falls 8 pct on strong dollar
The Associated Press -
Dow tops 9,000 as home sales rise for 3rd month - AP -
Data show housing market starting to recover - AP -
Debt reduction pushes Ford to $2.3B 2Q profit - AP -
New jobless claims rise to 554K, total rolls fall - AP -

Dow over 9,000 and VIX is at 23, Home sales rise and economy starts to recover. This is the market tells us so, full of optimistic views. When everything is look so good. Investor should act cautious. Dow up 13% in less than 20 days seems too riskey to chase high. But I guess the index probably will go higher in the next few days because of the hype.
Tags : QID   TWM   FAS   FAZ   SRS  

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