Seeking Alpha

David Fry's  Instablog

David Fry
  • on ETF Quick Picks And Lists
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:
Create Your Own ETF Hedge Fund, a DIY ETF Strategy for Private Wealth Management.
  • WINDOW DRESSING 0 comments
    May 27, 2010 7:23 PM

    OVERSOLD MONTH-END WINDOW DRESSING MARKET RALLY

    Sure China said they wouldn’t be selling European bonds. Why wouldn’t they say that? They didn’t say they’d be buying more either. So what was the news to account for this stock market rally Thursday?  Good economic data? No. GDP data came in significantly below estimates. Good Jobless Claims data? No, not really. While claims were somewhat lower than the previous week they were still below consensus and crawling along the bottom.

    So what then?

    Ah, I think I have it. Markets were much oversold (see previous NYMO.....READ MORE! 

    Subscribe to our RSS feed 

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


Posts by Themes
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.