Thursday, August 14, 2008

10 Good Reasons Why Dow Rally Today

  1. Oil is up
  2. Dollar is down
  3. CPI swells to highest level since 1991
  4. Jobless claims still climb
  5. Wal-Mart expects slower sales growth
  6. US foreclosures filings up 50% from a year ago and 8% from June
  7. Home prices plunge further
  8. Recession fears in Europe
  9. Financials rally
  10. JP Morgan and Morgan Stanley to repurchase ARS

What's wrong with this market???

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