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CAT WITH NINE LIVES

|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

 

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So far this week, the cat is running in place with spectacular declines and rebounds. The lift Thursday was due to the successful GM placement; ongoing better earnings; positive LEI and Philly Fed reports; better news (for now) regarding Ireland and ongoing short-term oversold conditions allowing for a short squeeze. Lost in the shuffle was continuing high Jobless Claims to which bulls are numb to.....READ MORE

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