Friday, 9 May 2008

Morning Call by Traders University

The DOW tested the 12800 level during the session yesterday ending the day up 52 points. The S&P added 5 points and the NASDAQ closed up 12 points. The FTSE 100 gapped lower at the open but trended higher during the session ending the day up 9 points. Futures - DOW is called down 80 points, FTSE is called down 35 points. Oil continues to set new highs and is trading at $124.68 a barrel, gold is trading at $884.50.

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