Thursday, April 26, 2007

DOW tops 13,000 on the way to 14K?

It is worth noting that the Dow Jones Industrial Average did close above 13,000 for the first time ever yesterday. It is also worth noting that most analysts do not foresee a slow down anytime soon, and the average could be on its way to 14,000 before the end of summer. While the Dow only represents 30 blue-chip stocks, it has always been a barometer for the pulse of the general economy and, in particular, this year indicates a very positive earnings season.

Other stocks of note fairing very well are Apple, up 6% last night after positive earnings, Coca-Cola and Pepsi were both positive, as was Amazon moving up a whopping 27%.

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