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Intel Corporation Message Board

  • littlestewie88 littlestewie88 Oct 26, 2013 2:43 AM Flag

    Just A Weekend Thought

    Investors feel comfortable that there will be no surprises next week when the FOMC meets and keep pouring money back into stocks. Margin levels hit a record high this which indicates investors are getting more bullish on stocks. The DJIA has put together a three week winning streak but still remains slightly below its record closing high set on September 18 at 15676.94. Barring any unforeseen calamities the Dow should join the S&P 500, DJ Transportation Index and Russell 2000 next week in record territory. However, as the blue chips have risen about 5% from their October lows it would be healthy to see some consolidation of their recent move over the next few weeks.

32.52+0.21(+0.63%)Oct 8 4:00 PMEDT