Wednesday, October 04, 2006

The market rose nicely today

Ben Bernanke indicated that the Fed would refrain from raising rates today. The market sailed today:

Dow: $11850.61 up $123.27
Nasdaq: $2290.95 up $47.30
S&P: $1350.22 up $16.11

Internet sector:
GOOG : $415.70 up $11.66
YHOO : $25.21 up $.37
EBAY : $29.90 up $1.72
AMZN : $32.76 up $1.06
IACI : $29.73 up $.90

Tech:
SNDK : $56.38 up $3.07
RIMM : $108.80 up $6.73
ERIC : $34.95 up $.76
AAPL : $75.38 up $1.30

Mature tech:
MSFT : $27.94 up $.57
CSCO : $23.93 up $.52
IBM : $83.10 up $1.45

Non tech growth:
HANS : $32.24 up $1.13
WFMI : $60.92 up $1.11

Yes even the oil stocks were up. The metals and the miners were one sector that was off.

Good luck investors

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