It was another strong week for the stock market even though there was little US economic data the positive momentum from the past three weeks pushed stocks even higher. The further easing by the European Central Bank on Thursday was initially discounted as the Dax surged to new rally highs but then closed on the lows as it had a 500 point range. By Friday morning the bullish argument had won out as the Dax again moved sharply higher. The comments from the International Energy Agency (IEA) that c...
It was another strong week for the stock market even though there was little US economic data the positive momentum from the past three weeks pushed stocks even higher. The further easing by the European Central Bank on Thursday was initially discounted as the Dax surged to new rally highs but then closed on the lows as it had a 500 point range. By Friday morning the bullish argument had won out as the Dax again moved sharply higher. The comments from the International Energy Agency (IEA) that c...
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