Seeking Alpha

Rumors about a Spanish bailout - including ECB bond buys - aren't enough to move the needle...

Rumors about a Spanish bailout - including ECB bond buys - aren't enough to move the needle on stocks, but do send the euro hurtling higher by nearly 50 pips. Old habits die hard. FXE +0.5%. Shares in Madrid remain lower by 1.4%.
Comments (2)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Amazing to me...the "STRENGTH" of the Euro....just amazing
    23 Aug 2012, 11:11 AM Reply Like
  • Mad_Max_A_Million
    , contributor
    Comments (1175) | Send Message
     
    To borrow part of an old saying from just before the housing bust:
    Anyone buying the euro at this price is either a
    Pure genius or a total idiot, depending on the final outcome.
    23 Aug 2012, 11:22 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|