Daily Market Notes on 11-11-11

“Stock traders cheered when the Italian 10-year yield declined to as low as 6.43%…well below the 7% pain threshold that was cited for Greece, Ireland, and Portugal…whew!  If things are able to maintain today’s gains thus far, the the market will finish higher for the week, having advanced on 4 of the 5 trading sessions…perhaps trying to set itself up for a year-end rally…”  

Click here to read 11-11-11 Daily market notes from Donald Selkin