Friday, July 15, 2011

Not too Impressive

TweetThis
Not that impressive of action considering some of the earnings beats and M&A action happening out there today. We've broken slightly below the 20 and 50 day moving averages, and there have been a lot of late day sell the news reactions this week.



It remains strange how quickly the mood has been changing in this market - a month ago we were in panic mode... then it was followed by 2 weeks of unadulterated euphoria... then random choppy action dominated by the phrasing of a Bernank comment.

Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.

Copyright @2012 FundMyMutualFund.com