Sector Detector: Fed Takes Over The Spotlight From Europe
Posted on June 21, 2012 at 11:27 AM EDT
Greece’s electorate has chosen to stay in the new world rather than retreat to the old. And the Federal Reserve has backed up its words regarding liquidity and accommodation to support economic recovery. That about sums up the latest news, which has helped the technical picture. Stocks have been able to break out of a holding pattern and continue the June rebound after a dismal May. [More...]
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