Stock Market Commentary July 16th

July 16, 2009

Once again stocks were able to extend their gains from Monday’s trading session and push higher for the 7th consecutive day. Accumulation has stepped into the market, but on Thursday the vigor wasn’t up to par with Wednesday’s level. For much of the day stocks spent time around the unchanged levels. It appeared the NASDAQ was going to eek out small gains and the S&P 500 was going to finish lower in slower trade. However, the market had other ideas sending the market to new highs by the end of the day closing just below the highs. Just another positive day on Wall Street. Click here!

Posted by MarketSpeculator | Filed Under Announcements