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JBL: No Tricks, Two Stock Treats
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Wall Street has been waiting around on a rally like Linus waiting around for the Great Pumpkin. But the rally refuses to show, just like the Great Pumpkin.
Nine straight quarters of double-digit growth have not been enough to counter high energy prices, terror fears, and the Federal Reserve's rate hikes. However, have faith the Great Pumpkin will eventually come; maybe Friday was the preview.
Until he arrives for sure, there are still a couple of treats this Halloween season. So far, these two stocks have tricked the market. That is about to change.
The Great Pumpkin
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,405.83 | 1,102.35 | 2,190.86 | 34.82 |
Oil *
71.98
|
|
UP
68.78
|
UP
6.41
|
UP
7.13
|
UP
0.59
|
10 Yr
3.48%
SPDR Gold
110.82
|
|
+0.67%
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+0.58%
|
+0.33%
|
+1.72%
|
Data delayed 20 minutes |
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