Market this Friday 10/12

ron · #1 (**permalink**) 10-12-2007, 11:06 AM

Mkrts did get a boost after a few economic releases. the reported, retail sales for September rose 0.6% and core PPI rose 0.1%......for now selling bias has eased from these better than expected economic reports....giving Dow 30 Points to upside while Naz prints + 18.20 rtq.

ron · #2 (**permalink**) 10-12-2007, 11:19 AM

indices currently have solidified their gains w/the telecom (+0.8%) and utilities (+0.6%) sectors currently providing the leadership for the session. Dow is up 50 Points, Naz + 22.01 rtq.

ron · #3 (**permalink**) 10-12-2007, 11:22 AM

ron · #4 (**permalink**) 10-12-2007, 02:28 PM

Crude oil futures hit an all-time intraday high of $84.00. Oil futures are currently trading up 1.0% to $83.90. Reportedly, the rise is on concern that oil-rich northern Iraq may be invaded by Turkey....Dow up 42.19 Points, Naz +21.12 rtq.

ron · #5 (**permalink**) 10-12-2007, 02:39 PM

Since the last update, the Dow has made up all of yesterday's loss. The S&P 500 is hovering near its intraday high......Dow up 63.41...Naz +26.36