Stocks Up On Lower Oil Prices and Bond Auction

Nice rally today after crude price closed below $58 and 10-year note was well received. The Nasdaq 100 breakout of the trading range convincingly today and the overall market is feeling more bullish.

Target and Kohl’s reported great numbers after he bell. We should expect the retailer will help the stocks tomorrow. It proved the energy spike did not slow down this economy.

At the moment, I anticipate a nice follow up rally tomorrow.

It's not when you buy. It's when you sell!

No Responses to “Stocks Up On Lower Oil Prices and Bond Auction” »

Be the first to Comment.

RSS feed for comments on this post. TrackBack URI

Leave a comment

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

 
Copyright © 2005 CC Opinion and ccopinion.com. All rights reserved.