If you want to navigate this market, just keep that simple little phrase, "Don't fight the Fed," in mind. Don't be swayed by all the great intellectual arguments about how we are on the road to ruin. That may be true, but it doesn't matter right now. Stick with the trend and embrace Ben Bernanke and his band of Merry Pranksters. They control this market.
We have a nice little gap up this morning as the dollar weakens again on expectations of a friendly Fed.
At the time of publication, Rev Shark was long SPWR, although positions may change at any time.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV