The market rallied again into the close, capping one of its best weeks in several years. Of course, it is too bad that it had to come in the worst start to the year since 1990. But I think the big Fed moves should help investor psychology, as well as the renewed strength in financials.The MSFT bid for YHOO was the big news of the day, and YHOO stock surged +48%. But every group participated today, even the energy stocks (despite oil moving down again).The semiconductor ETF (SMH) rose +7.4% today. That is HUGE. I ca[...]
Read More...
[Source: The Money Blogs]
No comments:
Post a Comment