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MARKETS LEVITATE ON POMO & EARNINGS

|Includes:AAPL, AMD, CSX, DBA, DBB, DBC, DIA, EEM, EFA, EPI, EWJ, FDN, FXA, FXE, FXF, FXI, FXY, GLD, GOOG, IEF, INTC, IWM, IYR, IYT, JBHT, JJG, MDY, MOO, QQQ, SLV, SMH, SPDR S&P 500 Trust ETF (SPY), TIP, TLT, UDN, XLF, XLI

What’s missing from this picture? Volume. Friday’s volume was higher, but it was options expiration which usually adds to the action. Another round of QE2 via POMO today resulted in the Fed throwing another log on the fire giving the privileged few a little over $6.2 billion to play with.

Earnings from Citigroup were a little....... READ MORE!


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Stocks: SPY, MDY, IWM, QQQ, DIA, AAPL, SMH, INTC, GOOG, FDN, AMD, XLF, XLI, IYT, IYR, JBHT, CSX, IEF, TLT, TIP, UDN, FXE, FXY, FXA, FXF, GLD, SLV, DBC, DBA, DBB, JJG, MOO, EFA, EEM, EWJ, FXI, EPI