Stocks retake much of yesterday's lost ground, with the DJIA +0.9% and moving back above 14K for...


Stocks retake much of yesterday's lost ground, with the DJIA +0.9% and moving back above 14K for the moment. The Nasdaq +0.6%, with still no hint of a bounce in Apple, +0.3%.
Comments (7)
  • Macro Investor
    , contributor
    Comments (8975) | Send Message
     
    Is this really a surprise given the amount of money the Fed is pumping? Guys, close your eyes and go long till QE is over.
    5 Feb 2013, 12:03 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (3267) | Send Message
     
    Folks, never mind all the talks and the wonderfully-written articles. here in SA for now, please. The market could be summed up in the following few words:-

     

    "It is Government-Controlled"
    - Quote from private message of Jeff Pierce, Feb. 4, 2013.
    5 Feb 2013, 12:09 PM Reply Like
  • Macro Investor
    , contributor
    Comments (8975) | Send Message
     
    Dude, I wrote as much in an article. Follow the Fed and prosper. Fight the Fed and ... well ... take it in the shorts.

     

    At the current rate of QE S&P should have another 25% to go this year.
    5 Feb 2013, 07:38 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (3267) | Send Message
     
    MI,

     

    Yup, the chief of the Obama Plunge Prevention Team (OPVT) sprang into action today, Tuesday after a sell-off on Monday.

     

    Talk about Brinkmanship! Best in Class!
    5 Feb 2013, 08:41 PM Reply Like
  • Macro Investor
    , contributor
    Comments (8975) | Send Message
     
    Were you short?
    5 Feb 2013, 08:44 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (3267) | Send Message
     
    No. I am not. I am fully invested in a bunch of Gov't mortgages. Juicy Divvy every month at the end of the month. Just watching the clown show. For now though.
    5 Feb 2013, 08:50 PM Reply Like
  • Macro Investor
    , contributor
    Comments (8975) | Send Message
     
    Very smart. Talk is cheap so keep talking. But don't walk the talk, that would hurt.
    5 Feb 2013, 08:52 PM Reply Like
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