Market Currents

Market recap: Stocks pushed to session highs, with the Dow enjoying its best day in more than...

Monday, November 19, 2012, 4:10 PM ET
Market recap: Stocks pushed to session highs, with the Dow enjoying its best day in more than two months, as investors latched on to signs of a fiscal cliff compromise. But the holiday week likely will see lighter trading volumes and thus may offer a misleading portrayal of sentiment. Oil markets were more jittery, as crude oil jumped 2.7% on Middle East tensions. NYSE gainers beat losers nearly four to one.

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This news story has 6 comments:

This is a great head fake, markets usually go up Thanksgiving week. This game is far from over !!

The metals are a warning !

19 Nov 2012, 06:35 PM Reply Like

edsanville Comments (70)

"Oil markets were more jittery, as crude oil jumped 2.7% on Middle East tensions."

Remember when there weren't Middle East tensions? Me neither.

19 Nov 2012, 09:20 PM Reply Like

Michael2343 Comments (450)

Sold oil contracts today, might have been premature, but want to be ready with cash to short markets - financials and techs ahead of fiscal cliff. Small bounce today compared to the decline so far - sorta seems like the markets were a little to eager to get the bounce over with, doesn't it?

19 Nov 2012, 09:47 PM Reply Like

Interesting Times Comments (3338)

Markets always go up Thanksgiving week. Notice gold and silver went up as well? Warning sign..

19 Nov 2012, 10:37 PM Reply Like

Rummeljordan Comments (457)

That rally just didn't feel good. No credible news to trade on and the market just launches. Short covering?

19 Nov 2012, 10:58 PM Reply Like

Interesting Times Comments (3338)

http://bloom.bg/SaU4jf

This won't help either once people understand how nasty it can be!!

19 Nov 2012, 10:59 PM Reply Like

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