Thursday, October 15, 2009

10 15 09 Market Comment

The bull market resumed yesterday as the averages blew through short term resistance. Google reported better than expected earning after the bell today. For now the uptrend is intact. Muni bonds and junk bonds are moving in opposite directions. Junk up and muni's down. We will have to see which sector will lead the other.

Tomorrow Chris and I fly to Vegas. I might make my first attempt to tweet on twitter.

No comments:

Post a Comment