Positive Signs Appearing All Around
What a terrific test of the bulls. They survived a French downgrade. They survived a hideous loss and scandal at Hewlett-Packard (HPQ). They triumphed over an amazingly weak quarter at Best Buy (BBBY). And best of all, they beat back a huge, futures-led decline after Fed Chairman Ben Bernanke said the obvious, that he couldn't revive an economy that drives over a fiscal cliff.
How were we able to rally so effectively? Simple: First, the potential cease-fire in the Middle East removed an oil overhang that can always kill any rally in its tracks. Second, we are now getting a picture of a U.S. economy that's stronger -- not weaker -- than expected, largely because of the resurgent housing market....157 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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