Oil

Oil rallied again on Friday and finished at its highest level for the year near $74 a barrel that fueled a broad U.S. stock market rally that closed with the Dow and other major indices at 2009 highs. 

For the week, the NYSE edged up 2.12% while the NASDAQ creeped up 1.78%. 

Since March 23, 2009, when the NLX NYSE turned Bullish, the NYSE has gained 28.74%.  

Since July 15, 2009, when the NLX NASDAQ turned Bullish, the NASDAQ has gained 8.48%.

NLX NYSE +79

NLX NASDAQ +214

These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.

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