Monday, November 28, 2011

Stocks on the run

U.S. Stocks Rise on Holiday Sales, Europe Progress

U.S. stocks rose, snapping a seven-day decline in the Standard & Poor’s 500 Index, after Thanksgiving retail sales climbed to a record amid speculation European leaders will boost efforts to end the debt crisis.
Comment: After all that senseless pessimism it was just a matter of time till a wave of optimism would flash the markets. And here we are. How long will it last? I don't know. Anyway, you should have covered your shorts. All of them.

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