Wednesday, May 14, 2008

May 14, 2008 Stocks Rally!!

Stocks rallied today after over a week of higher oil prices. The one surprise was AAPL which pulled back about 2% at the closing bell. RIMM and the new Blackberry are really taking it to the ipod. However, I believe this loss might be the best opportunity to jump on apple after it's weeklong gains.

DOW was up 66.2
NASDAQ was up 1.58
S&P was up 5.62

It was a sigh of relief on Wall Street and perhaps a sign that we might be pulling out of this sticky recession.

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