fortress investing  

Market Commentary

      Archives:     2019    2017    2016    2015    2014    2013    2012  Nov  Oct  Aug  May  Mar  Jan    2010    2009    2008    2007    2006    2005  
Mon, 24 October 2011
Breaking out?
The stock market has been trading in a range since the beginning of August, and finally moved out on the upside of that range on Friday, Oct. 21st. Today, the market continued its advance, as the news from Europe seems to be less dire than during the summer. Also, technical indications that I follow are giving favorable signs for a year-end rally, perhaps even to the April highs of the year.  
While no market indicators are perfect, there are signs that a more favorable trading environment could be setting up for the near term.  
Posted: 2:11 CST

Ask a Question
 
independent financial advice
Fortress Investment Services, Ltd.
John A. Urbanski
18828 Nature Lane
Eden Prairie, MN   55346
(952)949-0744