MAKE MONEY BLOG$~Jakarta - U.S. stocks moved up ahead of this weekend's closure. The S & P rose as high as 14% and at the highest level since last four years.
Throughout 2012, the rise in the S & P considered agreasif and at the close of the last trading perched at the level of 1437.92, up 5.8 points over the previous day.
Not only the S & P were to rise, this trend also occurred in the Nasdaq and Dow Jones. Nasdaq rose 0.61 points to 3136.42 while the Dow Jones has appreciated 14.64 points to 13306.64.
The market responded positively to the intention of the European Central Bank or the European Central Bank (ECB) to buy the debt of European countries on the brink of crisis. The Fed also responded to this with the intention of giving stimulus, as a concrete form of the U.S. economic recovery.
But market confidence is not in line with Adam Parker, stock analyst who believes the S & P will only survive at the level of 1214 or 15% lower than the current position.
Ombang-udder index performance is understood as uncertainty persists in the upcoming November presidential elections, and determine the future of Europe.
"We are targeting the S & P at 1450 levels this year and I believe it," said Chief Investment Officer of Harris Private Bank in Chicago, Jack Ablin as reported by Reuters on Saturday (08/09/2012).
source: detik.com
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