Tuesday, May 12, 2009

Financials Rocketed, But Is There Any Fuel Left?

The AP reasons:

Financial stocks fueled Wall Street's rally last week. On Monday, they sent the market into reverse.
Hardly a week... since March 6th Financials are up 100%, leading the S&P 500 three-fold.



Sustainable?

Source: Yahoo
at

3 comments:

  1. AnonymousMay 12, 2009 at 7:39 AM

    Each of those price spikes look like a green shoot to me.

    ReplyDelete
  2. JakeMay 12, 2009 at 8:14 AM

    What term is worse green shoots or second derivative?

    ReplyDelete
  3. Emerson SpartzMay 12, 2009 at 9:12 PM

    Second derivative sounds much more desperate.

    ReplyDelete