Financial Exchange Traded Fund XLF Hits 4 Year High, Is There Another Leg To This Rally? The financials are leading the market again. That hasn’t happened since before the crash of 2007-2008 and it’s a strong signal that the market could have a stronger long-term rally in the makings. The highly watched XLF exchange traded…
Fed Announces More Bond Buying At December 2012 Meeting But Rally Fades: One day after the Federal Open Market Committee announced it would be buying more bonds (QE4?), the stock market rally that began with a jump in the markets on the day of the announcement faded. After Federal Reserve Bank Chairman Ben Bernanke spoke…
Stocks Meander Sideways Before The September 2012 Close Of The 3rd Quarter, Money Managers Will Chase Performance: Stocks barely moved today and rebounded off of the lows in the early part of the session as traders await housing news tomorrow and Fed estimates of GDP this week. U.S. equities are behaving normally after running up…
Will The September 2012 Rally End On A High Note? Stocks are rebounding from lows today (at 11:45 am) as investors look for buying opportunities after a few days of declines last week. Apple fell below $700 today but this didn’t discourage investors from looking at other equities. Apple’s new iPhone 5 was a hit…
Stocks Finish Lower The Week After Fed QE3 Announcement, Is The September 2012 Rally Over? One week after the massive bond-buying program from the Federal Reserve Bank was announced, stocks finished slightly lower as traders took profits. A few distribution days occurred this week as market participants locked-in gains made after Ben Bernanke announced he…
