Friday, November 23, 2012

Market Review (11/23/2012)


The equity markets ended the week on a good note with stocks really picking it up today and making large gains. This week was the best week the markets actually had since the week of June 8th. As markets get more volatile, we can expect many surprises. The European Markets had their best week in nearly a year.

DJIA - +1.35%
SP500- +1.30%
NASDAQ - +1.38%


Tech stocks led this major rally as volume was one of the lightest in the year. The SP500 closed over two key technical levels which could be major support for the upcoming week (MA20 and MA200).

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