U.S. Stocks were up again Friday, resulting in a two week winning streak. Earnings and a weak Dollar were the primary drivers, as stocks shrugged off a weak Consumer Sentiment report that suggests holiday spending may not be very strong.
The Dollar weakness resulted in more strength in Gold and commodities although crude oil broke down through some recent support before closing just over $76.
Again, volume was light on an up day. Volume was markedly lower than on yesterday's sell off.
More to come over the weekend.
Scott Cole www.bestdaytradingstocks.com
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