Dow rose 70 to a new record (closing at the highs), advancers over decliners 2-1 & NAZ surged 45. The MLP index was off 1+ to the 445s & the REIT index went up 1+ to 270. Junk bond funds were mixed & Treasuries rose. Oil climbed higher after recent selling & gold inched higher, still under 1300.
Dow Jones Industrials
Sorry, but Blogger lost all that I wrote. Grrrr!! But as you can see, markets started lower & ended with a strong finish. Maybe they read my earlier post about Macy's (M) having a good qtr. Tomorrow, Wal-Mart (a Dow stock & Dividend Aristocrat) & Nordstron (JWM) report earnings. The markets are nervous about what WMT has to say after its wishy-washy statements this year. Dow keeps flying, up 275 in Oct, in what is one of its best years in history due the cheap money policy from the Fed. As long as the bulls don't mind the confusion in DC about funding the gov for the rest of FY2014, stocks should continue to climb.
Dow Jones Industrials
Dow Jones Industrials
Sorry, but Blogger lost all that I wrote. Grrrr!! But as you can see, markets started lower & ended with a strong finish. Maybe they read my earlier post about Macy's (M) having a good qtr. Tomorrow, Wal-Mart (a Dow stock & Dividend Aristocrat) & Nordstron (JWM) report earnings. The markets are nervous about what WMT has to say after its wishy-washy statements this year. Dow keeps flying, up 275 in Oct, in what is one of its best years in history due the cheap money policy from the Fed. As long as the bulls don't mind the confusion in DC about funding the gov for the rest of FY2014, stocks should continue to climb.
Dow Jones Industrials
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