Hello my friends.Yesterday, the market rose for the third straight day. It was not a spectacular rise as a day before, but was good enough to think he can still raise a little more. The first goals of the markets are for the DJ-30: around 11,530 points. For the SP-500: around 1,205 points. And for the Nasdaq Comp.: around 2,550 points. These are the peaks in August, before falling back again.
Technical conditions of the market, favor the chances of achieving these levels, and eventually overcome them. Any investment decision should take in consideration these levels, in order to estimate the potential risk to take.
Today, I one of my post, I've included a slightly larger list of stock that are showing a good reaction to the rise of the market.
However, there are still many dark clouds that may complicate the market's advance. Once of the most important is referred to the labor data. The information that is disseminated today and tomorrow, will be vital to the stock market position. Good Luck.
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