Market Currents

A check back to QE2 found stocks rising on speculation of an announcement, and spiking on the...

Thursday, September 13, 2012, 4:53 PM ET
A check back to QE2 found stocks rising on speculation of an announcement, and spiking on the day of the announcement - very similar to this time around. The next month, however, saw a sizable sell the news downturn before the effect of the Fed action kicked in, sending stocks on a big multi-month rally.

This Market Current was sent to 21,513 people who get email alerts on SPY.

Get email alerts on SPY »

Share this Market Current

Short URL:

Track new comments on this story

This news story has 10 comments:

into dark shadows Comments (294)

Yah, and...

Look,
if you want to put your hopes on this sugar high while our Ambassadors are killed and we get the President more interested on his Letterman appearance,
I guess a fool and his money are truly parted!

All the metrics suggest risk / reward is to the downside.
2007 was NOT that long ago!
Sadly,
we have learned nothing!

13 Sep 2012, 05:02 PM Reply Like

Anonymous 2 Comments (203)

relatively low volume = buyers (short covering?) not very convincing

13 Sep 2012, 05:05 PM Reply Like

robgra Comments (317)

Highest volume since June...

13 Sep 2012, 08:25 PM Reply Like

robgra Comments (317)

Don't fight the FED. They have the bigger printer. Metrics mean little in a manipulated market.

13 Sep 2012, 05:06 PM Reply Like

whidbey Comments (3035)

All-in is the mantra for the survivor-investor. No idea where we are headed, but the man said his train is leaving the station.

Have some in the market and don't overlook gold, its the concomitant to Fed action where the man does not mention sterilization.

13 Sep 2012, 05:18 PM Reply Like

Joe Razorback Comments (271)

Better make your money playing the market because you sure are going to need it to pay for gas, food, and rent. Horde your gold and silver, as that might be worth 2x what it is today sooner than later.

13 Sep 2012, 05:56 PM Reply Like

1234gel Comments (1391)

The dollar is headed for further weakness for sure. Ben said today inflation is under control and not a problem (what in hell is he drinking) but we all know we have very significant inflation. With the open-ended monetary policy announced today keep all gold and silver positions, and add to them as we move toward the catastrophic financial demise, as our currency is destroyed. John Maynard Obama appointed the Fed Chairman, and he is acting like a loyal servant.

14 Sep 2012, 02:03 AM Reply Like