Wednesday, July 25, 2012

Wednesday Stock Rally; Gold Surge; The Trouble w/New QE; Apple Earnings Miss

Early Stock Rally Potential
Today looks like rally day for this week – a bit like a few moments of comic relief in a Shakespearean tragedy. Fundamentals remain the same this morning as they were yesterday save a few better than expected earnings reports from names like CAT, Boeing and Ford. Overall the U.S. economy is in slight growth, sputter mode; European countries (eg. Spain, Italy, Greece – even Polish yields were on the rise Tuesday) are in big trouble, but for this morning futures are green. Read more here:

No comments: