Monday, October 10, 2011

Stocks flying on the open...

Dow +198
Nas +46
S&P +23 to 1178

The news from Europe is sparking buying across the board.  I think we also have some follow thru on the short covering ahead of U.S. corporate earnings season which starts tomorrow.  Let's keep an eye on the banks.  Banks need to start rebounding in order for a true market bottom to hold.  The Financial ETF is XLF.

XLF is currently up 0.36 to 12.20 (+3.09%)

No comments: