Stock Market Rally Continues
Good CPI and PPI number help propel the stocks higher. With no major economic news next week and Thanksgiving Holiday, we will see a quiet market ahead. All major indexes have broken through resistance and bullish sentiment continues.
Here are last week’s best performing industries [MarketWatch]:
DJ US Oil Equipment & Services Inde… 4.98%
DJ US Oil Equipment, Services & Dis… 4.83%
DJ US Platinum & Precious Metals In… 4.82%
DJ US Containers & Packaging Index 4.61%
DJ US Internet Index 4.59%
DJ US Home Construction Index 4.44%
DJ US Gold Mining Index 4.38%
DJ US Railroads Index 4.21%
DJ US Nonferrous Metals Index 4.15%
DJ US Furnishings Index 4.07%
It was a great week for me as I held positions in two of the industries above, Internet (YHOO) and Home Construction (BZH).
Great earnings from Marvell, MRVL. I have reviewed MRVL in Augest. Looks like I made the right call.
Big Caps are advancing. I’m currently holding Microsoft and GE and I see them to continue to advance in 06.
It's not when you buy. It's when you sell!
