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Markets Soar after Wednesdays FOMC Stumble
Markets Soar after Wednesdays FOMC Stumble
Equities rallied strong on Thursday with overall gains of about 2% for the session. After today's gains, the general market indices were able to reclaim key moving averages and truly frighten some of the bears who were late to the party. Pictured right: Motorola Droid (released Friday)
Transports Soar on Buffet Buyout
Transports Soar on Buffet Buyout
portfoliotilt.com — Although the general equity markets were mostly flat during the session, the Dow Jones Transportation Index gained... more than 5% on very heavy volume. Tuesday's bounce can be attributed to Warren Buffet's acquisition of Burlington Northern Santa Fe for $30+ Billion in cash and stock. (more) Transports Soar on Buffet Buyout
The VIX Spike Conundrum
The VIX Spike Conundrum
vixandmore.blogspot.com — I have been absolutely astonished by the number of comments I have seen in the past few... days to the effect that right now is an excellent time to make initiate new long positions on VIX options. I am still not sure what is behind most of this thinking, but it seems as if quite a few investors ... (more) The VIX Spike Conundrum
Equities Hit Hard During Fridays Session 10-30-09
Equities Hit Hard During Fridays Session 10-30-09
portfoliotilt.com — Volatility returned to Wall Street as the equity markets experienced a 2.5% decline on Friday, the VIX... Volatility Index soared by 23%. It will be interesting to see how CIT's bankruptcy filing over the weekend will weigh on prices. (more) Equities Hit Hard During Fridays Session 10-30-09
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