S&P 500 1,377.02 +.62%
DJIA 12,116.91 +.95%
NASDAQ 2,355.56 +.57%
Russell 2000 763.52 +.18%
Wilshire 5000 13,760.20 +.51%
S&P Barra Growth 639.26 +.62%
S&P Barra Value 735.61 +.62%
Morgan Stanley Consumer 668.52 +.75%
Morgan Stanley Cyclical 853.81 +.67%
Morgan Stanley Technology 546.73 +.37%
Transports 4,681.98 -.52%
Utilities 449.16 +.38%
Put/Call .75 +13.64%
NYSE Arms .70 -36.62%
Volatility(VIX) 11.07 +4.14%
ISE Sentiment 123.0 -15.75%
US Dollar 86.73 +.53%
CRB 306.10 +.12%
Futures Spot Prices
Crude Oil 58.81 -.88%
Unleaded Gasoline 147.20 +.33%
Natural Gas 6.87 -5.05%
Heating Oil 167.25 -.45%
Gold 584.20 +.22%
Base Metals 245.33 -.68%
Copper 345.55 +.13%
10-year US Treasury Yield 4.82% +.76%
Leading Sectors
Retail +2.11%
Restaurants +1.83%
Computer Services +1.26%
Lagging Sectors
Oil Service -.33%
Oil Tankers -.71%
Homebuilders -.84%
Evening Review
Detailed Market Summary
Market Gauges
Daily ETF Performance
Style Performance
Market Wrap CNBC Video(bottom right)
S&P 500 Gallery View
Economic Calendar
Timely Economic Charts
GuruFocus.com
PM Market Call
After-hours Movers
Real-time/After-hours Stock Quote
In Play
Afternoon Recommendations
- None of note
Afternoon/Evening Headlines
Bloomberg:
- The October rally in US stocks pushed the S&P 500 Index to the highest close since 2000 and the Dow Jones Industrial Average to another all-time high as falling oil prices buoyed shares of companies most dependent on consumer spending.
- Keefe Bruyette & Woods, an investment bank that specializes in mergers and stock sales for financial-services companies, said it plans to raise as much as $157.5 million in an IPO of its own.
- Texas Instruments(TXN) said third quarter profit rose 11% on higher sales of chips for the newest handsets and televisions.
- Amgen(AMGN) had a 14% third-quarter profit gain on higher sales of medicines to treat anemia and infections in cancer patients. The company raised its 2006 forecast for the second time this year.
- Henry Louis Gates Jr., director of the African-American research institute at Harvard University, has been named a University Professor, a distinction held by only 20 other current faculty members.
- Jeffrey Skilling, Enron’s former CEO, was sentenced to 24 years and four months in prison for his role in the securities fraud that led to the energy trader’s collapse.
Financial Times Deutschland:
- Germany may force oil companies to add more bio-diesel to its gasoline and diesel products.
BOTTOM LINE: The Portfolio finished higher today on gains in my Computer longs, Internet longs, Retail longs and Medical longs. I did not trade in the final hour, thus leaving the Portfolio 100% net long. The tone of the market was modestly positive today as the advance/decline line finished about even, sector performance was mostly positive and volume was slightly above average. Measures of investor anxiety were mostly higher into the close. Today's overall market action was bullish. The fact that the VIX rose, ISE Sentiment Index fell and the Put/Call rose today despite another DJIA all-time high bodes well for more upside later this week.
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