Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

BEN AT WORK

|Includes:AA, AGG, BWX, EMLC, HYD, HYG, IEF, IWM, LQD, MBB, MDY, MUB, PRB, QQQ, SHY, SPDR S&P 500 Trust ETF (SPY), TIP, TLT, WIP, XLB


Those that don't may be shunted to the side and quickly forgotten, but with volume still incredibly light, POMO has a greater impact certainly. Monday featured another $7.79 billion action which lifted stocks almost immediately off their lows. A coincidence? Hardly. This rally has been "Fed fed" since September as Ben has stated he "wants" higher stock prices. Fed governor Janet Yellen stated Monday in a speech she expects the $600 billion QE2 program to continue until June -- so print away....READ MORE


Subscribe to our RSS feed

Stocks: SPY, MDY, IWM, QQQ, AA, XLB, SHY, IEF, TLT, TIP, AGG, LQD, HYG, MBB, MUB, HYD, PRB, BWX, WIP, EMLC