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ANOTHER ROUND OF POMO

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

 
Things looked grim early as stocks were sold given current worries from the eurozone. But, the Fed conducted two rounds of POMO totaling $9.3 billion. This provided the fuel allowing the 2:15 PM Buy Program Express to leave the station on time reversing early large losses in excess of 140 points. And, of course.....READ MORE

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