Wednesday, February 14, 2007

Another Leg Up

Big Ben continues to get the credit for lifting the stock market. Some of the bouts of buying in the broader market have been strong with NYSE TICKS above 1400 today. Bonds also helping with the 10 yr up 11 ticks and the yield down to 4.756%. A key ingredient to the rise today is the Semiconductor stock index pushing back to its 50 day moving average following AMAT's decent numbers reported last night

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