The S&P 500, SPDR (NYSE:SPY) has had an incredible run after gaining 3% in the past two days, especially given that is has been able to completely shrug off the negative fundamental data that has been pouring into the US markets. Expect the Financials Sector (NYSE:XLF) to take a haircut from recent gains, with Financials [...]
The US Dollar (NYSE:UUP) and (NYSE:UDN) has received nothing short of negative press since the introduction of Quantitative Easing part deux, amassing a total of $600 billion in printed paper (none of which is backed by gold bouillon). In theory, all exogenous variables equal, this event should depreciate the currency, however, it has done the [...]
