Tuesday, November 6, 2007

Will The Volatility Continue?

Friday closed the day red across the broader markets on higher volume, leaving distribution days. The week was mixed after Fridays close, Nas 100 and Nas Composite were both slightly green. However the S&P 500 along with the Dow were slightly red on the week. The market delivered a very wild second half of the week after a very dull start waiting on Bernanke and crew. Gold rallied $15.10 closing at $808.60 (wow) and Crude another WOW closing up $2.21 at $95.70 a barrel. The week ahead is slowing down on the earnings front, but we still should see plenty of movement. [...]

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[Source: The Money Blogs]

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