Stock Market Blog -Dec 28th

This was another good week for the markets. The Russell 2000 (small-caps) closed at an all time high, and looks poised to move even higher! The S&P500 and the DOW also closed at an all time high. The NASDAQ needs to catch up and probably will. Also the S&P500 will probably take out the 2100 level, since its so close -all short term bullish signs.  We also got a great GDP report revision (5%).


New all time highs:   AEP, CVS, CMCSA, DIS, D, ED, ESRX, FTNT, KMI, SO, TGT, V, VA, 
All time lows:   
Pops:        Drops:   

Next week:  Economic reports,   
Earnings:     

This week's charts:
Natural Gas dropped, closing at $3.00
Gold was down a bit, closing near 1195 
The 30 year Bond dropped a bit, closing near 143.38
The US Dollar was up, closing at 90.31 -now over 90, and the 2010 high

NEWS:

Forget Dow 18,000. It’s small caps' turn now
Record $36.5 billion flows into US-based funds in week: Lipper
US consumer spending rises solidly
Natgas prices briefly break below $3; down 30% in a month
Cramer clarifies the 401(k), IRA, Roth mystery



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