Stock Prices Today

I just want to know your opinion ...

Three parties.

1. Retail reports were better than expected
(But the expectations were very, very, low)

2. major transactions in mergers and acks are still ongoing, which is good for the market.

3. short squeeze. There were so short-circuiting the market when the market has increased rapidly all the short-circuiting the market have been forced to go out and buy to cover. This propelled the more upscale.

From what I understand it was based on strong sales, driven by consumer spending and acquisitions business.

There were some positive indicators, and news of a major merger.

At this time of year, the market may react strongly to small amounts of news. Two days ago he quickly swung the other way on rumors and concerns about subprime defaulters.

A day or one week on the markets is not a good indicator of anything - even if it's always a nice feeling when things are going now!

Stocks rose detail showing an increase based on their sales forecasts. If people buy more than expected there are more products in demand so companies producing consumer goods leads people to invest more in these companies. If sales are down people do not want to invest in companies that do not make sense???

People have confidence in the economy. The Bush tax cuts have actually generated higher tax revenues and the budget is closer to balance than before. With tax cuts, people had more money and spent much money which means that many people have more money than before. This increase in income tax revenues increased. Lowering the tax rate actually increased the total tax revenue and increased confidence of citizens in the future. Is not it incredible?