U.S. Stocks Advance on Optimism About Earnings, Economy Growth
By Joanna Ossinger
April 15 (Bloomberg) -- U.S. stocks rose, sending the Standard & Poors 500 Index toward its longest weekly winning streak since 2007, as optimism that earnings and the economy are growing overshadowed an unexpected increase in jobless claims.
Full article at http://www.bloomberg.com/apps/news?pid=20601087&sid=aXErqmAnBBaY&pos=3
My comment:
This optimism is what is currently driving the market, so if one is day trading I guess it's hard to ignore, even though I suspect it might be misplaced optimism.
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