Weekly Wrap-Up
Big T's Takeaways
GDP came in at a better than expected 1.5% which, at the beginning of the day, looked like bad news.
Remember: The entire market is trading off the hope that a new round of Fed sponsored Quantitative Easing is on the way.
It’s a sad day when 1.5% GDP is considered good news, and I think that reality hit traders later in the day. The reality being that the US economy is still sick and needs rescuing.
Long story short, we appear to be in a liquidity driven rally that should continue.
The smartest way to play this market is to use pullbacks as buying opportunities.
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Chris
Rowe Nails It Again
Chris Rowe's bullish article gets traders primed for the Bull move higher -- click here for more.
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The One Blue Chip to Avoid
Teeka Tiwari shows you how to buy blue chips on the cheap, while avoiding the one type of blue chip that will blow you up -- click here for more.
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One Pro's Secret for Playing Earnings
Announcements
Costas Bocelli pulls back the curtain on a savvy method for being on the right side of an earnings announcement -- click here for more.
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European Central Bank to the Rescue?
Ed Pawelec takes a humorous look at Europe's efforts to hold off a financial Armageddon -- click here for more.
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Muni
Bond Market About to Implode?
Christy Heady takes a cold hard look at the municipal bond market -- click here for more.
Big T's Takeaways
GDP came in at a better than expected 1.5% which, at the beginning of the day, looked like bad news.
Remember: The entire market is trading off the hope that a new round of Fed sponsored Quantitative Easing is on the way.
It’s a sad day when 1.5% GDP is considered good news, and I think that reality hit traders later in the day. The reality being that the US economy is still sick and needs rescuing.
Long story short, we appear to be in a liquidity driven rally that should continue.
The smartest way to play this market is to use pullbacks as buying opportunities.
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