Six-Year High
The S&P 500 hit a six-year high today. Our Buy List is now up over 10% for the year. Today was kind of a strange day. The market was just boucing along until about 3 p.m. Then suddenly, the indexes surged higher. Barry Ritholtz says it was covering of e-mini contracts.
Home Depot (HD) was particularly weird today. The company had blah earnings, but the stock rallied slowly as the day wore on. Eventually, shares of HD closed at a five-month high.
Posted by Eddy Elfenbein on November 14th, 2006 at 4:54 pm
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Does anyone have a suit of armor, jet skis and a blowtorch I can borrow/rent? There's an experiment I'm working on.
This is pretty amazing. US elections combined since 1924:
GOP: 1,058,301,749
DEM: 1,057,846,951
Oth: 88,548,252Unemployment spikes in Washington, DC
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 