11.15.2006

HEADS UP


Markets continue higher with the IWM being the best performing major market index- DJIA+38, NAZ +14, SPX +4.7, IWM+6.

The game continues the same with airlines, metals, oils, gaming, biotechs, brokers, small caps, retail and semis leading higher while banks are lower.

Market internals are bullish with about 1,600 more winners than losers.

If anyone is interested in following the IRAQ situation, John Abizaid and others are currently being questioned by the Senate Armed Services Committee led by John Warner. CSPAN2.

FOMC minutes coming out at 2:00 so just a heads up as that will be a market moving event.

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