Closing Market Report 12/18/2012

The KUIK Closing Market Report for Tuesday, December 18:
It was another big up day during the Santa Claus rally on Wall Street.
Direction Change Units  Last Time Change
Dow Up                    116 points             13,351 2:40 PM
S&P500 Up 1.15% percent               1,447      16.43 points
Nasdaq Composite Up 1.46% percent               3,055      43.93 points
30 Year Treasury Up                       8 Basis Points               3.01 Annual Yield
The firearms business is coming under mounting market pressure as calls for new restrictions on gun ownership following last week’s school slaughter drove down shares of Ruger and Smith & Wesson today, and led some retailers to begin pulling some assault rifles from shelves.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.marketwatch.com/story/market-pressure-mounting-on-gun-makers-sellers-2012-12-18?dist=markets
For today’s Closing   Market Report click to listen-> https://beaconrwa.com/audio/Closing-Market-Report.mp3