The Only Way Is Up It Seems For Stocks
Posted on August 04, 2009 at 07:23 AM EDT
The markets summer of love with stocks continued unabated yesterday as the S&P (^GSPC) topped 1,000 and the Nasdaq (^IXIC) pushed through the 2,000 barrier for the first time since October. Yesterday’s fresh catalyst was Ford’s (F) bullish sales report (up 2.4% YOY, their 1st monthly rise since Nov 2000) and a better ...