Market Rebounding Early

Friday, February 19, 2010

  • Stocks are rebounding from post-Fed announcement lows after hours looking like a rally to positive levels is possible. Tokyo fell 212 points (2.1%) in response to tightening in the US. London is trading higher as Fed officials continually reiterate that this is normalizing action and investors should not use this as an indication that a raising of the Federal Funds Rate is imminent.

  • Tiger Woods speaking at 11:00 AM today!

  • "Fewer than two in 10 Americans are confident of their ability to invest in the stock market, although 60 percent still believe equities are important in a portfolio." Crazy, result of the Panic of 2008? If there was ever a crisis that would confuse investors, this was it.
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