Trades and observations from a British contrarian stock investor

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Thursday, April 15, 2010

S&P breaks through key technical barrier

It was a fifth day of gains on Wall Street last night with strong results from Intel (INTC) and JP Morgan (JPM) driving the Dow Industrials to 11,123, up 103 points, the highest rise since March 5th. The S&P 500 broke through the key 1200 barrier, its highest since September 2008, to finish 13 points higher at 1,211.

The FTSE 100 is up marginally to hit 5,800,  like the S&P 500, the highest since September 2008 when Lehman Brothers filed for Chapter 11 bankruptcy.
Posted by Contrarian Investor UK at 8:42 AM
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