“That Time of Year” Again
While the running of the bulls in Pamplona occurs in July, the American bulls often begin their state-side run each November.
With the DOW up .95% at the close of today we may just be in for a terrific end of year rally. Yahoo finance reports that over 70% of the 150 S & P 500 companies reporting end of quarter earnings have reported in the double digits. Today’s shining star was WalMart, up 3.7% after its announcement that it will significantly trim back capital expenditures.
| This entry was posted on Monday, October 23rd, 2006 at 5:31 pm and is tagged with american bulls, running of the bulls in pamplona, running of the bulls, double digits, walmart, capital expenditures, quarter earnings, shining star, time of year, dow, rally, yahoo. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback. |
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