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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (27043)11/21/2005 1:09:40 PM
From: Donald Wennerstrom  Respond to of 95757
 
13:00 ET Dow +22.09, Nasdaq +2.45, S&P +1.93

[BRIEFING.COM] Heading higher, the major averages move closer to session highs set this morning. Today's action reflects the bullish bias that has taken the equity market to four consecutive weeks of gains - during which the S&P 500 has risen 1.1%, the Dow has notched 0.8%, and the Nasdaq has lifted 1.1%. Briefing.com believes the market remains poised for a classic year-end rally, and that the S&P is likely to close 2005 with a 5% gain. At the same time, that does not necessarily mean that 2006 is shaping up as a good year for stocks. A strong year-end rally last year led to a stagnant first half this year, and the year ahead may be even more problematic if the Fed goes too far in raising interest rates. The financial markets are expecting the Fed to raise interest rates three more times; Briefing.com believes that the costs of doing so would exceed the benefits. ..NYSE Adv/Dec 1645/1506. ..NASDAQ Adv/Dec 1456/1493.