Friday, September 7, 2007

September Is Off And Running

Tuesday our first day back was ruled by the bulls. Nice market breadth, a big run up led by tech and slightly higher volume than Friday (but still light), leaves us with accumulation days across the broader markets. Not bad for the first trading day of September and no real news. Crude rallied up $1.04 closing at $75.08 on the day, hurricanes are starting to bring more pricing pressure. Gold also rallied today to close up $9.10 at $691 an ounce. As we look forward this week we have more and more economic data. What we saw on Tuesday [...]

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[Source: The Money Blogs]

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