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Market recap: Another day, another reversal in stocks, with morning gains turning into afternoon...

Market recap: Another day, another reversal in stocks, with morning gains turning into afternoon losses as the dollar started weakening vs. the yen. For part of 2011, stocks followed the euro's every move; now Japan is the fixation, as attitudes fluctuate almost daily about its stimulus moves. The dollar traded at ¥95.61, down from ¥96.22 late Tuesday; yields on 10-year Treasurys rose as high as 2.23%.
Comments (2)
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    Very few investors left in the market-just traders fixated on soem news flash 24-7. Ben and the FED can take responsibility for this casino where fundamentals don't mateer-just charts and momentum- CNBC is the worst at promoting trading-"Fast Money" bs
    12 Jun 2013, 04:39 PM Reply Like
  • Interesting Times
    , contributor
    Comments (13085) | Send Message
     
    We cover all of this in our fast rising blog, now in the TOP 10 within weeks. Please feel free to at least look at it and possibly comment as well.

     

    http://seekingalpha.co...

     

    We are always looking at new ideas and the core group just keeps getting bigger. It is obvious that posters like it !

     

    Hope to see some folks there
    12 Jun 2013, 05:34 PM Reply Like
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