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
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BULLS TRY TO STEM LOSSES 0 comments
The French election results were fairly priced-in to markets last week. Sarkozy leaves and the previous "Merkozy Pact" remains in doubt. Greece on the other hand is a mess and another election will most likely be forthcoming. On the plus side German Factory Orders increased 2.2% well above expectations. On the downside Spain's Industrial Output dropped 7.5% and bank bailouts are underway. The silver lining is banks (XLF) in the U.S. rallied as they'll be the beneficiary of more bailouts.
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