Friday, November 23, 2012

Stocks up on Black Friday

$$ - Bottom line: Stocks up over 3% this Thanksgiving week. Including a nice half-day 172 point move up in the Dow on Friday!

Are we all a bit concerned that the market has moved up so quickly after being so oversold? Usually, we like to see the market pause a bit and then state a fierce move up on high volume to confirm the up move.

But, it is what it is.  Heck, the market has taken back nearly all that was lost post-election.  

The big news today was Black Friday and the Walmart picketers.  Turns out that the picketers weren't actually the Walmart workers themselves, but union folks!  Yeah, union folks would get a big payday if Walmart workers unionized. Isn't that what it's all about?  I'd hate to see unions destroy Walmart.

Did you do some shopping today? I did some online shopping and got some GREAT deals.  Wooo.

Stocks up on Black Friday

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