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Stock Market Update

Recs

1

February 07, 2012 – Comments (0) | RELATED TICKERS: AAPL , GS

The markets continue their float neutral to higher as optimism remains high. Positive news from Greece is helping the Euro pop. The stronger Euro is pushing the Dollar lower, which in turn is helping the markets continue their multi month rally.

Banks are slightly weaker on the day with Goldman Sachs Group, Inc. (NYSE:GS) trading at $116.34, -1.05 (-0.89%). On the other hand, leading technology player Apple Inc. (NASDAQ:AAPL)  is trading at $468.61, +4.64 (+1.00%).

The bottom line remains, as long as volume is light and the Federal Reserve continues its free money policy, further upside is likely

Gareth Soloway
InTheMoneyStocks.com

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