ECB, the FED, and the Fiscal Cliff OMG

ECB, the FED, and the Fiscal Cliff OMG

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 31st of July.br br Will they or won’t they? That is the question on every trader’s mind these days. Will the ECB ride in and save the Euro? Will Ben Bernanke and the FED come in with another round of quantitative easing? We are not sure, and we don’t think anyone on this side of the pond or in Europe, is sure either.br br Will ECB Chairman Mario Draghi really follow through and enact concrete measures to avert the European crisis? Regardless of any actions the ECB takes, Italy, Greece, and Spain all owe a boat load of money. How are they ever going to pay it back?br br While these uncertain times are full of questions, one thing is for sure, the markets will eventually tell us which way the decision is going.br br DAILY PERCENTAGE CHANGES BY SECTOR:br CONSUMER GOODS: -0.28 Biggest Loser COH -16.72br SERVICES: -0.38 Biggest Loser SBUX -2.77br HEALTHCARE: -0.32 Biggest Loser HUM -13.24br ENERGY: -0.35 Biggest Loser APC -2.26br TECHNOLOGY: +0.19 Biggest Winner AAPL +2.25br FINANCIAL: -0.28 Biggest Loser AIG -2.20br INDUSTRIAL GOODS: 0.00 Biggest Loser BA -0.77br BASIC MATERIALS: +0.54 Biggest Winner NUE +2.02br UTILITIES: -0.18 Biggest Loser NU -2.50br br Now, let’s analyze the major markets and stocks on the move using MarketClub’s Trade Triangle Technology.


User: INO.com

Views: 9

Uploaded: 2012-07-31

Duration: 12:33