15‏/11‏/2009

Disney, Abercrombie fuel a rally

Yes, the stock market has been fading, but the major indexes were holding on to some decent gains this afternoon thanks to bullish earnings from Walt Disney (DIS) and retailers J.C. Penney (JCP) and Abercrombie & Fitch (ANF).

Oh, and did we mention the dollar?

Yessirree, it's one of those days where the dollar is lower, and gold, grain and other commodity prices are higher, oil being a notable exception. So are most commodity stocks -- and so is the overall stock market.

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