Home Sales Spark A Market That Feels Heavy!
This week, the market has been looking for a new catalyst to push it higher. After last week's big run, the market looks tired and it might be a little ahead of itself. Yesterday, news that Ben Bernanke would be reappointed should have resulted in a big rally and it did not. He has guided us through one of the toughest periods since the Great Depression and a change at the helm would have wreaked havoc on the market. The announcement did not have to be made for many months, but analysts were wondering why they would delay when the decision …
August 26, 2009
• Posted in: Options
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