Yesterday ( October 14th ) DJIA closed 10.016, passing the symbolic 10.000 level, The traders says it's much faster than expected. The Dow rise up to 145 points or 1,5 % a day and The Nasdaq composite rose 1,5 % to 2.172. The first earnings surprise come from Intel and JP Morgan Chase.
Along with the stock market, oil futures in New York settled at a high for the year, $ 75 a barrel and The US dollar was pressured as investors moved into other assets, like gold which have high score and breach $ 1.000 per troy ounce since October 5th.
Other index in Asia rise : Hang Seng 21.999, Strait Times 2.712, Nikkei 225 have 10.239 and Indonesia composite index / Jakarta Stock Exchange ( JSX ) have 2.515.
Some traders hopes that stock's momentum may carry through year end, but others still worry, I'd like to say, Wise man says : Only a good Sailor / Captain can sail his ship through storm raged with safe. Have a good trade !.
Thursday, October 15, 2009
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