Tuesday, January 29, 2013

S&P 500 close January 29 2013

The stock market made a very light attempt to push back through 1500 and then climbed higher throughout the day.  It's been interesting to see the last week as the market has been able to move steadily higher as Apple took a vicious nose dive.  Even more interesting over the last two days as Apple has moved higher, it has somewhat negated the correction that the broader market was trying to put in.  Value average now sits at 1487 and the S&P 500 is 20 points above that.  I am losing a little faith that I will see a correction to buy.  But overall I am very happy with the performance of the market as we have moved higher.  Short term momentum is amazingly sideways and long term getting stronger.  I will update Market Returns later this evening.

We are moving to stockmarketandi.com in three days.  

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