Seeking Alpha

Market recap: Stocks churned higher as traders seized on the latest reed of QE hope, this time...

Market recap: Stocks churned higher as traders seized on the latest reed of QE hope, this time Fed meeting minutes that revealed sharp divisions about monetary policy. Meanwhile, investors shook off the weakest consumer confidence reading in 28 months. Gold surged to regain $1800, and oil settled at a three-week high. NYSE advancers slightly outnumbered decliners.
Comments (3)
  • Obi-Wan
    , contributor
    Comments (149) | Send Message
     
    Like a baby that can't get weened off the bottle......
    30 Aug 2011, 04:27 PM Reply Like
  • HiSpeed
    , contributor
    Comments (1112) | Send Message
     
    If the definition of leadership is "a pack of people who have no idea what to do that would be effective," it appears our Fed is full of it!
    30 Aug 2011, 04:30 PM Reply Like
  • That_Guy
    , contributor
    Comments (74) | Send Message
     
    Yeah...this is BS.... they print more dollars and artificially inflate the stock market....whilst people are literally robbed. Our dollars are becoming more worth-less...cant wait to see what 50$ will buy me in 5 years.
    Not to mention that my faith in Washington is shot. In my opinion they should all be brought up on treason charges....isnt this why people went in search of a new land that we call America in the first place?
    30 Aug 2011, 04:53 PM 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