May 07
21
Morning Call by Greg Secker
The DOW opened strong on Friday to close yet again at a new high up 79 points at 13523. The S&P 500 closed at new year highs to close up 10 points at 1517, watch for a break of 1530 near all time highs. The NASDAQ closed up 19 points to end the week at 2545. FTSE 100 broke out of resistance at 6600 to set new years high, up 61 points at 6640. Futures – Dow is called up 37 points, FTSE called up 25 points. Oil is trading at $66.24 a barrel and Gold is $661.5.
