The markets are really off to the races here. The Dow is up more than +300 points as I write (I hope I didn’t just jinx it), and the financials are surging higher.First, one of the most surprisingly different set of events today was the fact that there was more negative financial headlines, but the stocks shrugged it off and rallied.UBS announced another $19 billion in writedowns, bringing its total to $33 billion. Deutsche Bank (DB) announced a $3.9 billion writedown, and both of those stocks are much higher! Also, [...]
Read More...
[Source: The Money Blogs]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment