Updated from 8:12 a.m. EST
With the holiday week upon us, traders and investors are expecting total market volume to be extremely light this week.
Generally speaking, holiday weeks have a positive basis upward in the capital markets, so if you want to go buy some Apple(AAPL Quote) under $90 on the news that Steve Jobs will not be giving the key-note address at MacWorld, that seems smart. Or some General Electric(GE Quote) at about $15 after S&P came out with a nonsensical credit watch on the company's credit rating for 2009, that also seems smart.
But remember that this week, little financial bets will be made in the capital markets, and that is how I am positioning this week's Rocket Stocks portfolio. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,495.46 | 1,114.49 | 2,214.09 | 35.80 |
Oil *
73.49
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UP
43.46
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UP
6.56
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UP
13.04
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DOWN
0.23
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10 Yr
3.58%
SPDR Gold
111.58
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+0.42%
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+0.59%
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+0.59%
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-0.64%
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