This morning, favorable manufacturing data, which showed signs of the economy recovering, prompted more buyers to jump into the markets . Stocks pushed the S&P 500 index (SPX) above 1000! Last night, in my weekly Market Forecast , I pointed out that mining stocks looked ready to break higher. Today...
Posted to
Happy Trading Blog
by
HappyTrading
on
Mon, Aug 3 2009
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Filed under: SPX, Nasdaq, RTP, MA, X, V, PRU, WFC, FCX, STT, AA
The market opened higher on lower jobless claims . Also, AA's earnings from last night seemed to help the commodity sectors. Mining stocks were stronger today. FCX advanced +3.53% and X was up +2.92%. AA jumped higher at the open to above $10/share, but, ended the day in the red by 23 cents. Fertilizers...
