Housing market crisis? Subprime crisis in 2008 solved in less than 5 yrs . Amazing ! Look at IYR. Dow will reach 15,000 by end of the year. Make your bets.
Dow Rallies to Highest Level Since 2007 on Manufacturing
U.S. stocks advanced, sending the Dow Jones Industrial Average to the highest level since December 2007, after a better-than-estimated manufacturing report bolstered investors’ optimism in the world’s largest economy. JPMorgan Chase & Co. (JPM), Intel Corp. (INTC) and Alcoa Inc. climbed at least 1.8 percent to pace rallies among the biggest companies. The Dow Jones Transportation Average, a proxy for economic growth, increased 1.1 percent. Sears Holdings Corp. (SHLD) soared 15 percent as it forecast a profit after selling some stores in the U.S. and Canada. Stocks pared gains after Apple Inc., the world’s most valuable company, ... (full story)
- Posted: May 1, 2012 5:20pm
- Submitted by:Category: Fundamental AnalysisComments: 2 / Views: 1,134