Seeking Alpha

Stocks appear set for even more gains

  • Stocks look set for even more gains at least in the early going, with S&P 500 (SPY) and DJIA (DIA) futures +0.3% and the Nasdaq 100 (QQQ+0.4%. The Fed ends its 2-day meeting today and no major changes are expected in the policy statement, though we'll check for hints about whether there is any chance the taper could start this year.
  • Earnings are coming from GM, Facebook, Starbucks, and Sprint, among others.
  • Europe's up moderately, and Asia was up sharply overnight.
  • All of this good equity news isn't enough to damage Treasurys - the yield on the 10-year is off 2 basis points to 2.49%.
  • Index ETFs: IVV, SPY, VOO, RWL, SFLA, SSO, UPRO, SDS, SPXU, SH, EPS, RSP, BXUB, BXUC, BXDBDIA, DDM, UDOW, DXD, SDOW, DOGQQQ, QQEW, TQQQ, QID, SQQQ, PSQ, QLD, QQQE.
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Comments (1)
  • al roman
    , contributor
    Comments (9270) | Send Message
     
    Even Treasuries aren't damaged by the good news,a market for everyone,well alright !
    30 Oct 2013, 07:12 AM Reply Like
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