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Strategies & Market Trends : Befriend the Trend Trading
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Ken Adams who wrote (38612)11/29/2006 9:09:19 AM
From: Dr. Stoxx   of 39683
 
09:00 S&P futures vs fair value: +4.4. Nasdaq futures vs fair value: +7.0.

The stage remains set for the cash market to open on an upbeat note as investors continue to rally around evidence that the economy is not slowing as much as expected. Throw in an analyst upgrade on Dow component Verizon Communications (VZ) and Bear Stearns raising their price target on tech bellwether Apple Computer (AAPL) to $100 from $94 and it appears buyers will pick up where they left off a day earlier – recouping more of Monday's sell-off.
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