By Josh Hayes on February 15, 2007
Today stocks showed, ONCE AGAIN, why shorting a market that is in a long-term uptrend is an unprofitable and low reward/high risk proposition. All it took today was positive comments from Mr. Bernanke about the economy to ignite a very powerful rally that helped five key indexes hit all-time highs and another one hit six [...]
Posted in default category | Tagged bernanke, breadth, core inflation, djia, djta, djua, final bell, half year, high risk, indexes, Nasdaq, NYSE, senate banking committee, sp 500 |
Bernanke’s Hint at QE3 Fails to Keep Stocks at Intra-Day Highs
By Big_Wave_Trader on July 13, 2011
Ben Bernanke got the market off on the right foot after the 10am EST hour. Stocks were giving up early morning gains prior to Bernanke’s testimony in the House. The market cheered as the possibility of further easing, or what it is in reality printing money was put back on the table. Stocks stormed higher [...]
Posted in Commentary | Tagged bernanke, QE3, SMH, XLF | Leave a response