Title: Market analysis with Peter Cohan

" Stocks -- in some of their strongest gains in days here's a look at the numbers the Dow Jones Industrial Average ends the week it. 9505. A gain of nearly 156. Points or about 2%. The blue chips are up 184 points this week. The Nasdaq Composite closes at about 20/20 one gaining 31 points or about one and a half percent today. On the week the tech heavy index gained 35 points. Yes and 500 is at 1026 after gaining eighteen points today just under 2%. This week the F and 22 points regionally Bloomberg's new England's index is up nearly six in New England -- stock index ads on a."

" Points I'm market analysis tonight Peter -- of Peter less -- associates and Babson College is in our newsroom this evening Peter is also the author of you can't order change lessons from Jim McNerney turnaround. At Boeing Peter welcome thank you very much so Fed Chairman Ben Bernanke speaks and the world listens and enthusiastic response to him and markets not only here in the US but around the world."

" Well you know it's always difficult to connect one speech to such a great day in the market but I will say that done. There are some offsetting factors there. One of them is the need to decline in railroad shipments of 90% but it is great that he said things are getting better and I know he's. Are running for reappointment here so he wants to position himself as being the person responsible for that recovery. And he certainly has contributed quite a bit to it so. If people are happy about that."

" Tell us a little bit more about that little watched piece of data that you mentioned on railroad shipments being down why is that significant."

" Well that's significant because that's where retail sales come from. And basically retail sales are evidence by the shipments that's that's how they get to the stores. And -- retail sales are down those shipments down 19%. And the auto shipments are down 49%. From a year ago as the middle of August and this is very recent data there's some concern I think there about. Whether that's suggests that the -- a recovery may not be quite that robust."

" So the market was also reacting to this thread jump an existing home sales today up over 7%. -- the big enough -- to assume that the housing market is. Finally making eight solid turnaround."

" Well it's hard to know the bottom is but I mean these turnarounds -- can take -- eight years I remember back in in 1986. We've got a house and and now through the peak of the market the punchline is it took nine years. For this that the value of that house to get back -- where it was before so these markets take a long time to turn. But I have to say that you know four months in a road. Of good improving data is good and effective prices are going down means that. People are getting realistic and are reflecting what's really going on the market which I think is good news all the major indexes surged more than 1% today some hit new highs for the year."

" we see a change in attitude from investors that well are putting their money in treasuries and other safe places yes and wanted definitely happens is that."

" When they're very afraid which you do you for your money to treasuries. When you're afraid of getting left behind -- stock market rally you sell your treasuries and you buy stocks and disguises -- dollar to drop which makes the price of oil go up. So that's why no oil stock you're doing well today of course housing stocks -- doing well I think high tech stocks will do well. But yet there -- through that factor that goes on there where people will sell treasurys and buy stocks that are afraid. Not a losing there a principled and afraid of getting left behind in a rally which is -- substantially."

" From the low in March on market that tonight Peter Pollack Peter S -- associates. And Babson College have a great weekend need to thank you."