As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Value Investing
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Wednesday, 30 October 2013

Dow within 50 points of an all-time record

By: | CNBC.com Stock Market Writer


 
The Dow Jones Industrial Average soared 111.42 points, to close at 15,680.35, led by IBM and AT&T. The blue-chip index is within 50 points of hitting its record set in September.




The S&P 500 rallied 9.84 points, to end at 1,771.95. And the Nasdaq gained 12.21 points, to finish at 3,952.34.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, closed above 13.




1 comment:

  1. I think there is a really interesting divergence going on. You can do a pairs trade by longing the STI and shorting the Dow.

    Best Regards
    Pok Chow

    ReplyDelete

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