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DATA OVERWHELMS POMO

|Includes:AAPL, BAC, DBB, DBC, EEM, EFA, EPI, EWY, EWZ, FCX, FDN, FXI, GDX, GLD, GOOG, IEF, IGV, INTC, IWM, KBE, SPDR S&P MidCap 400 ETF (MDY), MFE, MUB, QQQ, RSX, SHLD, SMH, SPLS, TLT, XLB, XLE, XLF, XRT
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Not all the Fed’s efforts will lead to good results. Even with a few billion of POMO (Permanent Open Market Operations see link HERE) thrown the Primary Dealers way Da Boyz couldn’t defeat the absolutely miserable economic data (Jobless Claims +500K and Philly Fed -7.7) announced Thursday.

We hit the end of the road for earnings for the most part as DELL, GPS & HPQ and a few others report earnings after the close—more on these reports in the summary.....READ MORE!  

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