IIFT Daily Note with Peter Brown

Stocks continue to rise

Posted by:  |  Time: 7:56 am  |  Topic:
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S&P reached 1810 last night. Despite the start of the holiday season this market looks set to run. Upgrade in Spain and a downgrade in the Netherlands has been taken by the market in it’s stride. No big news on the horizon so this trend looks set to continue. Maybe quiet today, so some range trading.

We have to wait until next week for some direction. But unusually there are no big stories around.

So trading within in the levels today, they are:-

Euro 1.3625  1.3595  S&P (DEC) 1810 1805 Wall St (DFB) 16145  16110

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