The Final Day of 2013

Today is the final trading day of 2013. This has been a fantastic year for the stock market. Yesterday, the Dow made its 51st record close of the year. The market looks to open higher today as well.

Outside of it being the end of the year, there isn’t much economic news or news on our stocks this week. Yesterday, Bed Bath & Beyond (BBBY) finally cracked $80 per share. I’m glad to see that Harris (HRS) will be leaving our Buy List on a high. The shares are up 70% from its April low.

The next big event for Wall Street will be next week’s jobs report. After that, the fourth-quarter earnings season will begin. Until then, there will be a lot of year-end positioning.

Posted by on December 31st, 2013 at 9:30 am

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.