Daily Comments - Oct 30

By Teresa Appleton
30 October 2009 @ 09:21 am EDT

Thursday moved the market higher on lighter volume, regaining ground and retracing losses on light volume is not bullish.  The market will need volume to see this continue into Friday.  The A/D and U/D closed at the highs on the day, opposite of yesterday's lows.  The TRIN closed at .58, bullish tone on the day.  The VIX closed at 24.76, back on yesterday's lows.  Gold closed the day up $16.60 to $1047.10 and oil up $2.43 to $79.89 a barrel.

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