Tuesday, January 19, 2010

Market wrap - 4:10 pm

After a three day weekend, and a sell off on Friday, the market once again forgot why it sold off. Charged higher right out of the gate today and drifted higher as the day went on. I am amazed how this market seems to only have on direction - up.

There are plenty of bad news out there, including unemployment, but it just keeps going higher. At this rate we should be back at all time highs by August with one forth of the population looking for work. Incredible, and I still don't believe it.

Today, dollar, oil, and gold all up. Makes no sense, and neither does this market.











10 reasons Obama is failing 95 million investors - MarketWatch

Bernanke Invites GAO to Audit AIG Bailout - WSJ

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