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Market recap: Prospects for more QE plus growth in China pushed stocks sharply higher for a...

Market recap: Prospects for more QE plus growth in China pushed stocks sharply higher for a second session after dovish comments from the Fed's Yellen and Dudley and a rumor about better-than-expected GDP numbers from China. Coal stocks helped lead the way for energy and commodity shares. But the bond market was little changed. NYSE gainers led losers three to one.
Comments (7)
  • into dark shadows
    , contributor
    Comments (322) | Send Message
     
    Dead car bounce perpetrated by the bots to suck someone new in to unload their shares to!

     

    H.F.T. are the new trading bots, they are churning the markets trying like hell to get anyone in to dump their shares onto.
    Low volume pump and dump days and high volume distribution days are all you need to know!

     

    QE?
    Yeah right!
    $7 a gallon gas will do so much for the consumer!

     

    NOT!

     

    Play at you own risk.......
    12 Apr 2012, 05:43 PM Reply Like
  • curreyr
    , contributor
    Comments (689) | Send Message
     
    sigh, the next WAG rumor will be facebook acquiring bing from MSFT.
    12 Apr 2012, 06:47 PM Reply Like
  • zwdog1122
    , contributor
    Comments (2) | Send Message
     
    Why do reporters always feel the need to tell us why the markets did what they did? How do they know?
    12 Apr 2012, 11:33 PM Reply Like
  • dondon
    , contributor
    Comments (282) | Send Message
     
    China GDP 8.1%, down from 8.9%, estimated at 8.4%. Nice spin to show growth in China. From where I sit it looks like a miss and a possible hard landing.
    13 Apr 2012, 03:21 AM Reply Like
  • Michael Clark
    , contributor
    Comments (8362) | Send Message
     
    When you're on the cheerleading team, even a missed shot is a positive. "Look, he hit the rim!"
    13 Apr 2012, 03:53 AM Reply Like
  • Michael Clark
    , contributor
    Comments (8362) | Send Message
     
    Ben sneezes. Market pops. What does that tell you about the kind of market we now have?
    13 Apr 2012, 03:50 AM Reply Like
  • David Atherton
    , contributor
    Comments (37) | Send Message
     
    $DJIA unlikely to hold, I don't think we'll see 13300 again before fall.
    13 Apr 2012, 07:02 AM Reply Like
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