Put Your Rally Caps on, Stocks Poised for More Records to Fall

TheStreet

The Dow Jones Industrial Average could cross 19,000 today for the first time ever. Stocks are looking to build on record highs hit Monday. 4 major indexes hit new all time highs in Monday's trade. The rush to buy stocks has sent borrowing costs up, sending mortgage rates higher. The U.S. dollar is now at a 13 year high. Energy stocks helped to send stocks higher as oil prices jumped. Oil is extending gains today with Brent Crude approaching $50 a barrel. Investors seem to be becoming more convinced that OPEC will cut-or at least freeze-oil production when it meets November 30th. Palo Alto Networks ( ) shares are slammed as it reported disappointing results and outlook. The cybersecurity firm also increases its stock compensation for employees, which weighed on results. Spending on computer security slowed this year.