Spain Spurns Traders As Estimated Second Quarter GDP 2012 Fell 0.4 Percent: Traders were already uncomfortable going long U.S. equities when Spain’s yield on the 10 year note is above 7 percent, but today news came from across the ocean…
Will Europe Take The Spotlight To End The Month Of July 2012? Europe is back in the news taking attention away from U.S. earnings and economic data. Spain’s 10-year note yield is above 7 percent and this has caused markets…
Financials Lead The Market Lower As Stocks Retreat On Spain Debt Yields Above 7 Percent (July 20, 2012): Financial stocks fell yesterday and the rest of the market followed today as concerns about the European debt crisis came back to…
Obamacare Doesn’t Bring Down U.S. Stocks, 2nd Quarter 2012 Ends With A Bang: Bullish sentiment rose at the end of the second quarter with stocks posting strong gains on the last trading day of June 2012. One day after Obamacare…
Markets Move On Expected Eurobond, QE3 – “Sell In May And Go Away” Didn’t Work This Year: The Dow had its best June since 1999 and the NASDAQ had its best June since 2000 as world markets moved higher today.…
