Cara Community |
| Tables & Charts for Wednesday, Jun 20th, 2012 Posted: 20 Jun 2012 09:03 PM PDT |
| Bill Cara's Blog for Jun 20, 2012 Posted: 20 Jun 2012 04:00 AM PDT CTA Trading Desk Morning Report The Fed announcement will be released today and the debate is whether or not there will be QE3. The recent rally has many wondering if Big Ben will pull the QE arrow out of his quiver or wait until it is needed. As you know, we have been positive on the stock market for a number of weeks now, but it has gotten to overbought levels as shorts have been squeezed out of their positions by traders anticipating liquidity pumping by global central bankers. |
| You are subscribed to email updates from Cara Community To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
.
0 comments:
Post a Comment