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Market Update

Market Update

Dow leaders include Caterpillar Boeing ,Exxon mobil, , alcoa, att, Bank of America and Merk.Crude oil at $82.50 is up $2.50 or 3%.  The U.S. dollar is week sending commodities prices rising.  There is optimisim today about the fact that Greece is initiating a new sovereign bond offering and the U.S. treasury chooses Morgan Stanly to handle the sale of its 7.7Billion shares of CitiBank.  Other commodities up on the day include:  Natural Gas up .06 to $3.92 up 1.6%, Copper + $3.50 up $0.10 or 3.3%, Gold +$8.00 or 0.72% at $1,112.  Traders are questioning if the dow can hold above 10,000 with some nervousness in the market waiting for the jobs number coming out this Friday.   William Sergautis Registered Investment Advisor ChartTrader.com

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