Stock Market Upswing ..

Good morning to all you early birds it is the fearless critic here.  Has anyone seen the run the stock market made this week? Well it sure is impressive to run up 200 to 300 points gain and maintain that momentum all week. Normally you might get this kind of run following a sharp decline which would be a flash run up or down course corresponding to the way the market correction. This is different this week with a boat load of good economic data. You combine this with the news from the Federal Reserve bank that they are going to cut the discount rate a half a percentage point. The third part that has added more good to the economy is the news from the chairman that they are going to print and pump more money into the economic system. This has fueled Wall Street investors to buy heavy into the market this week. Normally investment gurus like myself are sceptical about the market based on long term experience. This time I have to say I am pleased with the upswing which gives plenty of opportunity to make money if you are investing in blue chips and staying away from bonds. Buying into solutions in stocks that are considered solid proformers like Boeing and Verizon is a wise choice. So, I recommend that everyone jump into the market and go make yourself some quick easy profits this week while the upswing rally continues..
Have a great profitable day.