Thursday, July 28, 2011

Market Goes Green... For Now

The market is holding strong in the green so far today with NASDAQ leading the pack and rising 0.93%. The Dow Jones was up a modest 0.3% and S&P500 was up about 0.54% as of 2:00 PM today. Investors are still patiently waiting on the outcome of this afternoon's vote. Dunkin' Brands continues to rise during the early afternoon as it is trading at $29.00, up 4%. It'll be interesting to see how far this stock will go, but I can't picture it rising any higher. I believe it's bound to fall back down to low $20's by as early as next week. I would continue to hold off on any more purchasing for the day, beacuse even though stocks are green, the vote this afternoon could swing this market before our eyes.

No comments:

Post a Comment