The Macbeth Market

The S&P 500 close one week ago: 1178.10.

The S&P 500 close today: 1178.17.

This market is “a tale told by an idiot, full of sound and fury, signifying nothing.”

But there is good news. Nicholas Financial (NICK) got to $9.99 today, just one penny from the big One-Oh.

Gilead Sciences (GILD) and Stryker (SYK) held on to their gains today. Medtronic (MDT) also did well thanks to a good earnings report from Boston Scientific (BSX). The Buy List gained 1.29% for the day which was 0.24% better than the S&P 500. Since the end of August, the Buy List is up 16.00% compared with 12.28% for the S&P 500.

Tomorrow we have earnings reports from Baxter (BAX), Eli Lilly (LLY) and Reynolds American (RAI).

Posted by on October 20th, 2010 at 4:42 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.