Stocks gain except Nasdaq, dollar up, gold and oil down
Posted in Currencies, Gold, QQQQ, SPY on Nov 30th, 2007
Stock index gapped higher today on further hints of fed easing. Isn’t that already priced in? How much more hinting can there be? So interest rate cuts are almost certain at this point in both the funds rate and discount rate. All stock indexes gapped on the open but were unable to hold the gain [...]