Go Figure

Oil is still climbing. Two bond insurers were downgraded today. Housing foreclosures are at an all-time high, and still, stocks posted great gains. The news was all about the retail sector today. Wal Mart is doing great, claiming those tax rebate checks are fueling their bottom line. Whatever it is, consumers seem to be opening their wallets once again. The news sent all indexes higher, adding nearly 2% for the day. DJIA +213.97 NASDAQ +46.80 S&P 500 +26.85