November 19, 2010 *****The Market Feels Heavy *****Silver Eagle *****The Fed Fires Back Fellow Investor, The good vibes from the GM IPO and the bailout potential for Ireland took the S&P 500 back above support/resistance at 1,192. We'll see how long the good vibes last. Despite yesterday's...
Filed under: Filed under: Ian Wyatt, bailout, bank bailout, S&P 500, Federal Reserve, Fed, China, Bank of America, GM, Bernanke, General Motors, TARP, dollar, currency, silver, mining stock, PIMCO, IPO, silver price
In difficult economic environments, when the stock market seems to move with little rhyme or reason, investors will sometimes say "it's a stock pickers market." The idea of a "stock picker's market" is that of a trendless market, but one where you can still buy quality, undervalued...