Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

DEAD CAT BOUNCE?

|Includes: AAPL, DBA, DBB, DBC, EEM, EFA, EPI, EWA, EWC, EWJ, EWY, EWZ, FCG, FXE, FXI, GLD, IEF, IWM, IYR, IYT, SPDR S&P MidCap 400 ETF (MDY), MOO, QQQ, RSX, TBT, TIP, TLT, UDN, XLB, XLE, XLF, XLI, XLU, XME, XRT

 

Photobucket

It could be just a dead cat bounce since that's all we've experienced so far; but, markets remain short-term oversold. Early cheer was received from TGT (Target) which released better than expected results and, more importantly, suggested an excellent holiday shopping season. One might wonder why this might be so with unemployment high and troubles with housing and foreclosures.....READ MORE

Subscribe to our RSS feed






provided by http://www.etfdigest.com