Quantitative easing (money printing), extremely low or even negative interest rates around the world are helping stock indices recover from the somewhat oversold levels. SPY gained a little over 1.6% for the week to end the week at $193.72. This oversold bounce was expected and it sure came as a relief for many investors. The question on everyone’s minds is of course whether or not this is a sustainable rally, or simply a short-covering one. Read the rest of this post here.
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Video Market Recap For Friday January 22, 2016 SPY NYA IWM XHB EEM TLT UUP GLD GDX XES XLE USO UNG1/24/2016
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