FEEDJust when you think that we must be on the naughty list – Old St. Nick comes through. We can thank companies such as Adobe Systems (ADBE), Oracle (ORCL) and our old friend Research in Motion (RIMM) for putting the market in such a festive mode. All reported earnings last week that beat expectations. Has the slowdown in US enterprise spending been overstated? Some analysts are now are questioning that hypothesis.
For the week, the DOW, S&P 500 and NASDAQ were up 0.8%, 1.1% and 2.1% respectively. Commodities soared. Gold, silver, copper and oil were up 2.2%, 3.6%, 4.8% and 1.9% respectively. Gold stocks, as represented by the XAU, were up 1.3%.
The buzz is back. Hey Santa how about some mobile broadband for Christmas.
The TTaMG portfolios performed admirably:
- Fab 4 1.8%
- BBO 1.5%
- BRIC 0.8%
- Real Money -1.9%
- TBS 3.9%
- MDs Ag Play 5.2%
Become a Friend of TTaMG and make some $ trading stocks in the hottest sectors in the market.
0 Responses to “Time & Money Review 12/21/07 – Santa Spotted on Wall Street”