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School. We should see 19,000, maybe even 20,000 on the dow by the end of the year. Jack admiral is executive vp of a bank. He thinks the markets are overvalued. Thats the collision. Thats what makes a market. Professor siegel, what causes you to feel that we can move, not just a little bit higher, but rather more significantly higher between now and year end . Do you see the economy as that strong . Well, what i see, i mean, i will admit, i mean, we have moved up in price ahead of the earnings increase. I originally thought we would have to wait until the second half of the year to see that earnings. But let me tell what you i think stock investors are cueing off of. I look at sensitive commodity prices. Were seeing increases in iron ore, aluminum, nickel. The Agriculture Sector is beginning to boom. These sensitive commodity prices, i think, are a signal to an increase in world demand, a better second half and i think thats w ....
The exchange. Stocks currently moving back up towards highs of the day. Bob, okay, it is a rally but how low is the conviction at this stage . This is a rally but not with a lot of conviction. We need a little more buying enthusiasm. Were not getting it right now. But still 200 points, nothing to sneeze at. We had a nice move up prior to the open because productivity numbers were better. We are now approaching the highs for the day. Little bit of a midday rally. Lets look at the markets in the middle of the day. Right now 3 2 advancing to declining stocks. Heading towards 2 1 very shortly. Moving in that direction. Volumes been moderate. Not saying this is heavy. This is the lightest volume since weve had this volatility. Speaking of volatility, vix is below 30. Just a few points moved there. Dow leaders, fairly broad advance here. Home depot is one of the few dow components up this quarter. These are nice advances. Just not seeing much volume. It is not a normal volume day for most of ....
By Lewis Krauskopf, Devik Jain and Sabahatjahan Contractor (Reuters) - The Nasdaq and the S&P 500 fell on Friday as tech and growth shares weighed and ....