Daily Comments for Monday

By Teresa Appleton
08 November 2009 @ 10:33 pm EDT

Friday closed the day green and the week closed on the highs.  Which broke the two weak losing streak the broader markets had experienced.  It was also the first close over the much talked about 10,000 on a weekly chart since September 28th, 2008 for the Dow.  The Nasdaq and S&P 500 also had nice gains of over 3% on the week.  Volume did come in lighter Friday than Thursday, but that made for decreasing volume throughout the week.  The VIX closed at 24.19 on the weeks lows and the TRIN at .99.  Gold closed up $6.70 to $1096 and oil down $2.27 to $77.35 a barrel.

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