Wednesday, May 23, 2012

Stock Market Update

The markets continue their float neutral to higher as optimism remains high. Positive news from Greece is helping the Euro pop. The stronger Euro is pushing the Dollar lower, which in turn is helping the markets continue their multi month rally.

Banks are slightly weaker on the day with Goldman Sachs Group, Inc. (NYSE:GS) trading at $116.34, -1.05 (-0.89%). On the other hand, leading technology player Apple Inc. (NASDAQ:AAPL)  is trading at $468.61, +4.64 (+1.00%).

The bottom line remains, as long as volume is light and the Federal Reserve continues its free money policy, further upside is likely

Gareth Soloway
InTheMoneyStocks.com



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InTheMoneyStocks.com is a research and consulting company focused on guiding investors, swing traders and day traders to financial success. Their Chief Market Strategists analyze the markets while making calls on everything from stocks to commodities and currencies. Their goal is to not only guide their subscribers but also teach them their proprietary methods leading them to become investing and trading masters.
Nicholas Santiago
Nicholas Santiago

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