Monday, July 12, 2010

Day after best week

Stocks got a decent lift Monday ahead of earnings reports from companies. Right now the DOW is down around 22 points after the best week since 2009. Hugh Hefner wants to buy the last remaining shares of Playboy in order to take the company private and Avon Products is expanding their market as they bought out Silpada Designs for $650 million. Many Dow Theorists believe that the worst is over and stocks will continue to sore upwards but investors are weary as all of us have heard of this before. Look for little gains or losses by the end of the day as we re-adjust slightly for last week's boost.

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