Rally Shows Its True Colors
Wasn't it just a few days ago that everyone thought the fact that Super Mario (Draghi) said he would do anything to help the market? Didn't that make the market a buy forever and a day? I know the S&P 500 was trading around 1405 at the time, as well, since that constant chatter was a day or two after I arrived back from vacation.
Now here we are, a whopping 10 points higher on the S&P -- not even 1% -- and there is a great deal of talk that the good news is priced in. Will someone please tell me how the market can go from fabulous and full steam ahead, to putting the brakes on, when it hasn't even rallied 1%?...471 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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