Friday, October 14, 2011

Stocks close out nice week...

Stocks close at their highs for the week.  A strong afternoon move in the Oils accompanied the earlier push in Tech stocks.  It seems that sellers have all turned the other way and are now long.  Obviously mutual funds are being sucked in as they do not want to be seen as the only fund that did not make money this year. 

Dow +166 to 11644
Nas +47 to 2667
S&P +20 to 1224

Have a nice weekend everybody.  Hopefully we can continue this rally next week.

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