Well, another rate cut, a quarter-point this time, turned out to be pretty much a “non-event”, at least for the market today. The market was up solidly just before the news came out, and, held steadily for about half-an-hour. Then, the market reversed. The market came back some before the close, but, still finished in [...]
Daily Archives: April 30th, 2008
Fed’s 1/4 Point Cut A “Non-event”? SPX, Nasdaq, PNRA, GOOG, BIDU, UNP, UBB, PBR, RIO
April 30, 2008 – 5:51 pm
Premarket Analysis for 4/30- Upgrades/Downgrades, Gappers, Actionable Calls
April 30, 2008 – 5:07 am
Submitted By Optiondragon The Strokes – 12:51 From briefing.com Media Digest 4/30/2008 Reuters, WSJ, NYTime, FT, Bloomberg from 24/7 Wallst. According to Reuters, the Fed will probably cut rates and them pause for some time Reuters writes that senior financiers see the current economic situation as a recession on Main Street and depression on Wall [...]
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