Hello All,
The markets are raising yesterday.
Just an example all the three stock indices in US namely NASDAQ,DOW and S&P have reached the 14 month highs yesterday..
1.The good news is that most of the banks are paying back the bail amount issued by the government.Bank of America paid back 45 billion dollars last week,CitiGroup has planned to pay back 20 billion dollars and some other banks are paying back the money.
2.The reports were better than expected all over the world and now-a-days market is moving because of centiments instead of the numbers.
3.Gold prices and Dollar rates are going down..one more good sign for the market.
Lets hope the rally would be really good during this week.
Karthik
Tuesday, December 15, 2009
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