Archive - Apr 2, 2011
The King's Speech: Will It Mark The Top in Stocks?
Submitted by RobotTrader on 04/02/2011 09:37 -0500Next week is bound to be a doozy. The SPY and NYA are sitting just under their highs, and The Bernank is schedule to give his post-FOMC "King's Speech" on April 27. What are the odds that the market is going to have a significant correction going into this speech? At the same time, thousands of hedge fund managers who stepped aside during the recent correction will be forced to get back in to stocks if they take out new highs. After all, the desperation is reaching March Madness levels to "make your year" so they can temporarily "retire" at The Hamptons for the summer.
Bernanke shows his cards to the WSJ (again)
Submitted by Bruce Krasting on 04/02/2011 07:03 -0500Big B tips his hand. What it might mean.
U.S. Consumers Have Big Banks To Blame For High Gasoline Prices
Submitted by asiablues on 04/02/2011 00:32 -0500The very same banks that taxpayers bailed out, and saved from going completely belly up, are actually making consumers pay once again in the form of higher Oil prices, and the resultant higher gasoline prices at the pump
