Seeking Alpha

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

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.
Comments (6)
  • Interesting Times
    , contributor
    Comments (11469) | Send Message
     
    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
    , contributor
    Comments (73) | Send Message
     
    "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
    , contributor
    Comments (457) | Send Message
     
    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
    , contributor
    Comments (11469) | Send Message
     
    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
    , contributor
    Comments (477) | Send Message
     
    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
    , contributor
    Comments (11469) | Send Message
     
    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
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector