Stock Market Blog -Apr 11th

We continued to see gains in the market this week, though the Health Care sector pulled back a bit (see chart). Oil, Gold, and Silver have been moving up as well.

All time highs:	AAPL, BIDU, CRM, DISCA, DTV, DRI, ESRX, IVN, JOSB, JNK, MCD, MIL, NKE, NETL, PRGO, ROST, TJX, YUM -long list!
All time lows:	DXD, EEV, FAZ, SDS, QID, SMN -same names!

New unemployment claims rose unexpectedly this week, coming in at 460,000.
This week another bank was shutdown by the FDIC! (list).

Next week: We get more economic reports including the CPI, retail sales, and housing. We also have Options expiration on Friday.

Earnings season kicks off next week as well:

Mon	Tue	Wed	Thu	Fri
AA	INTC	JPM	AMD, BTU, GOOG, ISRG	BAC, GE

Market commentary: The rally continues, with earnings reports starting next week. We should get a good gauge of direction, although options expiration could also influence the market. We have had a huge rally from early February, and it's not unreasonable to expect a pullback either next week or the following week. We could also see 1200 on the S&P500 and a close above 11000 on the DOW. This market has been very unpredictable for technical traders, so be careful.

Commodities:
Oil prices were up to $87, but ended the week at close t0 $85 per barrel.
Natural Gas closed just over $4.00 again.
Gold prices were up, closing around $1161.
The US Dollar index closed just over 81.
The 30 year Bond gained a bit, closing just over $115.

News:
U.S. Stocks Rise as Inventories Point to Strengthening Economy
Consumer behavior shows recession is over
52-Week Highs Rolling Over: Volatility Ahead?
Junk Bonds Grab Record Share as Yields Tumble: Credit Markets

Florida 90-Day Delinquency Rate Hits 19.39 Percent, US Rate is 8.78 Percent
Los Angeles Faces Threat of Insolvency
Bonds in the 'danger zone'
Oil's moves leave traders scratching their heads
The next Greek tragedy: default or bail-out?
Greece: Europe's 'bazooka' moment