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E-Mini S&P 500 – another leg up?

The E-Mini S&P 500 hit a high of $1329.00 today (WTZ) signaling that a bounce after the dip may inspire some bulls to re-enter. Tomorrow is the first of March. Economic Data has supported the indices. Warren Buffet came in with some commentary directed to his own company “Berkshire Hathaway” that may be construed as fairly positive. Lately, many mergers and acquisitions have played a role in boasting the Stock Market as a whole. Often, bargain hunting will take place after an increase in mergers and acquisitions. The Libyan crisis, although not over, seems to have taken a step back in terms of fears for the US. Saudi Arabia has increased production of Crude Oil to compensate for the Libyan Oil disruption.


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