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

STICK SAVE BULLS

|Includes: AAPL, DBA, DBB, DJP, DWDP, EEM, EFA, EPI, EWA, EWC, EWG, EWJ, EWY, EWZ, EZA, FXE, FXI, GLD, HHH, IEF, IWM, IYT, MOO, MUB, QQQ, RSX, SLV, SMH, SPDR S&P 500 Trust ETF (SPY), TLT, XLB, XLE, XLF, XLI, XLY, XME

 

The headline writers couldn't keep up with the late day "stick save" as most had stocks down on the day. But, editors got things changed quickly. Bulls want Dow 12,000 and with another round of POMO the easy money is there. It's not just us stating the obvious, Jeremy Grantham's Pavlov's Dog on QE2 essay and even MarketWatch discussed this with "Market Addicted to QE." As far as most are concerned, even Bernanke, B still follows A and one goal of QE is to raise stock prices....READ MORE



Subscribe to our RSS feed