Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, October 12, 2006

If You're Happy and You Know It..

Another record at 11947.70! Its an old (but welcomed) habit for the Dow these days. "The market does seem to have on its happy face here," said Dirk van Dijk, director of research at Zacks Investment Research. "We're just enjoying the ride right now," said Scott Wren, senior equity strategist at A.G. Edwards & Sons. Stocks were especially high today, with high earnings from Costco and Yum Brands. And investors think our chances are good of having yet another high day tomorrow, when the retail sales reports for September will be released. All this good news makes the holiday season even more hopeful. DJIA: +95.57 Nasdaq: +37.91 S&P 500: +12.88