Entering text into the input field will update the search result below

MARKETS RISE ON BAD NEWS

May 31, 2011 7:46 PM ETSPY, IWM, QQQ, XLB, XLI, XLF, IYT, IYR, IEF, TLT, FXE, FXY, UDN, GLD, SLV, DJP, USL, XLE, GAZ-OLD, FCG, DBA, MOO, DBB, EFA, EEM, EWJ, EWA, EWC, EWG, EWY, EWZ, RSX, EPI, FXI
David Fry profile picture
David Fry's Blog
9.72K Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

 
 

Most market veterans will tell you when markets rise on bad news that's bullish. It's hard to question this experience but Tuesday's action put this wisdom to the test. The news was just dreadful. The Greek situation is by no means resolved which is the slender reed bulls ascribed as a reason to rally. Frankly, all this Euro Zone troubles will continue to bob to the surface as troubles get only temporarily papered over...READ MORE



Subscribe to our RSS feed  

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.