SMF Street

SMF Street Traders Online Stock Market Trading Analysis, Videos, Commentary

Inthemoneystocks's Blog – August 2011 Archive (3)

Bernanke Is The Banker That Cried Wolf

The stock markets have rallied higher over the past week for several reasons. The first and most important reason for the stock market rally has been the comments of the Federal Reserve. Since the Jackson Hole speech by Federal Reserve Chairman Ben Bernanke the stock markets have rallied higher on expectations of a September quantitative easing.



Nearly every investor is expecting the Federal Reserve to begin another round of quantitative easing. It is important for all traders…
Continue

Added by inthemoneystocks on August 31, 2011 at 10:30am — No Comments

Bank Of America Hits Paydirt For Now

Once again, it goes to show you how the market always knows the truth. Bank Of America Corp.(NYSE:BAC) gets Warren Buffet as an investor this morning. This investment that was made public around 9:10 am EST, it is causing a massive short squeeze in the Bank of America stock. BAC stock is trading higher by more than $1.50 to $8.55 a share. Traders can watch for other financial stocks to trade higher in sympathy to the BAC stock. Other leading stocks that could trade higher this morning… Continue

Added by inthemoneystocks on August 25, 2011 at 9:59am — No Comments

European Crisis Eclipses World Markets

Once again, the major stock indexes are tumbling lower after the European Union continues to remain under heavy selling pressure. Italy, Spain, and even France may need to be bailed out in the near future. Traders and investors must remember that Greece was already bailed out for a second time in a year. Ireland, and Portugal could face a similar fate. When do the problems in the European Union begin to finally be resolved? The answer to that question is unknown at this time. This…
Continue

Added by inthemoneystocks on August 4, 2011 at 10:00am — No Comments

Follow me on Twitter

© 2013   Created by SMFStreet.   Powered by

Badges  |  Report an Issue  |  Terms of Service