The Market Today

Another good day on Wall Street. At least this time, we beat the S&P 500. The Buy List gained 0.60%, and the S&P 500 rose 0.37%. The S&P finished at a four-year high at 1273.46. Sixteen of our 20 stocks closed higher today. I was happy to see SEI Investments (SEIC) have a good day. The stock added 2.9% in today’s session.
J.P. Morgan cut its rating on Lowe’s (LOW), although Home Depot (HD) seems to be have been more adversely affect. Shares of Home Depot dropped 1.8%.
Outside the Buy List, Google (GOOG) added $10 a share, and it hit a new all-time high. The stock was upgraded by the analyst at Bear Stearns. Yesterday, Safa Rashtchy at Piper Jaffray gave the stock a price target of $600. Google is now inches away from $450 a share. Pfizer (PFE) also had a good day.
Copper, gold and oil all climbed higher. Gold is now at a 25-year high.

Posted by on January 4th, 2006 at 6:05 pm


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