Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, October 22, 2009

Terrific Thursday

Today, stocks bounced as optimism about earnings season continued to escalate. Strong earnings reports from other bellwethers including 3M and McDonald's aided Dow's climb. Traders said sentiment toward the latest round of earnings reports improved as the session progressed. Several noted that corporate conference calls in the late morning were especially helpful for investor confidence! It has been a while since we have seen the market over 10000 points! Let's keep it coming! DJIA +131.95 S&P 500 +11.51 NASDAQ +14.56