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

3 comments:

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

    ReplyDelete
  2. What term is worse green shoots or second derivative?

    ReplyDelete
  3. Second derivative sounds much more desperate.

    ReplyDelete