VIDEO ON MSN MONEY
"But, Stack says, economies and bull markets rarely die of old age alone"
Sooner or later they have to unplug the 85 billions/monthly (QE) machine that keep the dying body alive. I will cost too much to keep it alive.
The big boys still have an edge with their buying of reports and getting info a few seconds before the market does.. then their math programs kick in and they make big bucks in a few seconds while the poor smucks move into the market unaware of what has happened. HF traders, buying of info ahead of the public release, slow witted SEC personel who could not find a bus parked the wrong way on a one way street unless someone gives them a nod, congressmen permitted to trade stocks they regulate(yup, the law did not change on it although they want you to think it did), and those in congress failing to anything about it. All the talking heads ignore this and keep telling you how profitable the market is for you. You have been warned...
QUOTE: " with interest rates low and virtually guaranteed by the Federal Reserve to remain so through year-end and into 2014, stocks face little competition from bonds or savings accounts. "From here to the end of the year, the market will go up enough that stocks are the right place to be versus alternatives,"
Can't argue with that... Only fools would try to go against that tide.
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[BRIEFING.COM] The major averages slipped out of the gate with the S&P 500 (-0.8%) surrendering its July gain. The benchmark index is now down 0.4% in July with today's session representing the last trading day of the month.
All ten sectors began the day in the red with energy (-1.1%), health care (-0.9%), industrials (-0.8%), and consumer discretionary (-0.8%) showing noteworthy losses. Meanwhile, the financial sector is the top performer, but the second-largest group is still down ... More
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