The DJIA topped 14,000 today and overall the market finished mixed.
We watched the negative Coca Cola news pull the sector down. Yet American Express was up 4.7% today, to 64.80.
Earnings keep improving for enough companies to continue to drive this market upward.
Although, the market did smell the possible joining of 2 beast. Verizon and Vodafone, in a 160 million dollar possible deal. M & A can jump start an industry into new highs like a match to a flame.
We like SPL btw. Superior Energy Services, Inc. provides oilfield services and equipment to serve drilling and production-related needs of oil and gas companies in the United States. It operates in four segments: Well Intervention Services, Rental Tools, Marine Services, and Oil and Gas Operations.
We should disclose that we do own options on January calls on SPL.
Good Fortune!
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