Seeking Alpha

David Fry's  Instablog

David Fry
  • on ETF Quick Picks And Lists
9,724 Followers
0 Following
Send Message
David Fry writes a subscription newsletter focused on technical analysis of exchange-traded funds, called ETF Digest (www.etfdigest.com). Dave founded the ETF Digest in 2001 and was among the very first to see the need for a publication that provided individual investors with information and... More
My company:
ETF Digest
My blog:
Dave's Daily
My book:
The Best ETFs: U.S. Equities (A Companion Guide To Building Your ETF Portfolio)
  • WHEN THE FED TURNS OFF THE TAP 0 comments
    Mar 17, 2010 7:00 PM | about stocks: SPY, RSP, VTI, MDY, IWM, QQQ, XLY, XRT, XLF, KBE, KRE, SMH, XLI, XLB, IYT, IYR, DVY, IEF, TLT, FXE, GLD, DBC, UNG, XLE, JJC, XME, DBA, EFA, EEM, EWA, EWZ, BRF, RSX, EPI, FXI

    March 17, 2010

     

     
    WHEN THE FED TURNS OFF THE TAP


    We’re seeing follow-through from bulls which gives sympathetic headline writers plenty of material.  For me, I’m with this guy who states current conditions better than me—besides he saves me time. Just remember, assuming they’re true to their word; the Fed will stop buying mortgage-backed securities (cash for toxic waste) at the end of this month.  But, all these Fed activities are the reason all ships have risen with this tide.

    This means a large amount of liquidity for Da Boyz should dry-up. 

    The primary reason markets are where they are is due to this overwhelming money printing the Fed has then injected to banks and others.  It has led to low volume rallies as Main Street isn’t an eligible beneficiary of this largesse and hasn’t participated.  Of course you can accept the trickle-down effect where your 401K is now in better shape.

     Markets are overbought from virtually every view and indicator....READ MORE!

    Sign up to receive free Dave's Daily notifications sent to your email address only at http://www.etfdigest.com

    Stocks: SPY, RSP, VTI, MDY, IWM, QQQ, XLY, XRT, XLF, KBE, KRE, SMH, XLI, XLB, IYT, IYR, DVY, IEF, TLT, FXE, GLD, DBC, UNG, XLE, JJC, XME, DBA, EFA, EEM, EWA, EWZ, BRF, RSX, EPI, FXI
Back To David Fry's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Most Commented
Posts by Themes
AAPL, Actively Managed ETFs, Africa, AG, Agricultural Commodity ETFs, Algo, Algos, Alt ETFs, Alternative ETFs, Apple, Argentina, Asia, Australia, Banks, Base Metals, Basic Materials, Ben Bernanke, Bernanke, Bill Gross, Bonds, bonds, Bonds ETF, Brazil, BRIC, Chile, China, China Economy, China ETFs, Chinese, Chinese ETFs, Colombia, Commodities, Commodities , Commodity ETFs, Commodity Producer ETFs, Copper, Copper , Corporate Bonds, COT report, Crude Oil, CSI 300, Currencies, Currency, DeMark , Direct Energy, Dividend ETFs, Dollar, dollar index, Dollar Index, earnings,
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.