All major indexes; Dow, S&P, and Nasdaq are all in consolidation and poise to go higher by year end. Nasdaq and S&P already at 4 year high and Dow’s 11,000 barrier looks like should be broken soon as we have arrived at this level four times in three years. This week’s Fed, retail, and CPI data may be the catalysts to propel the stock market higher.

This entry was posted on Sunday, December 11th, 2005 at 9:33 am and is filed under Stock Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.