What Can Make The Market Rally

Here are some possible catalysts for a rally:
  • An oversold rally in the Euro.
  • An ECB rate cut at their meeting on Thursday. Fiscal austerity should allow them to loosen monetary policy.
  • A Goldman settlement with the SEC. If there will be a settlement it should come soon as the deadline for Goldman to respond to the complaint is fast approaching.
  • BP oil spill further stabilized.

1 comment:

Anonymous said...

I keep covering shorts in anticipation of another sharp spike, and it keeps not happening. And my undervalued blue-chip growth companies are going down faster than the trashy and fraudulent companies I am shorting.