Dollar Falls, Markets Rise To New Highs
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January 10, 2013 - 4:20pm
Closing Market Commentary For 01-10-2013
Interestingly, the markets pushed further into the 'resistance' zones during the afternoon session pushing the averages up for a nice close. New highs were made for the DOW and SP500 but the Russell 2000 fell back some indicating overall weakness.
Markets closed up, but NOT in a very convincing manner – just up a tad, as I like to say. Exactly what is going to happen next week is anyone’s guess, but if the earnings look good I would speculate that we will the averages push higher.
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