<< Read Full Article

Stocks Programmed for Big Gains

Stock quotes in this article: XOM , COP , HAL , F , COST , LEH , BSC , AMD , CIEN  

There were probably several meetings going on Wednesday afternoon to discuss the bond market's selloff. At least one of the meetings was probably at a large institution and the action plan at the end must have been: Decrease bond allocation, increase stock allocation.

And so a program was born.

Only a program could send 468 of the 500 stocks in the S&P 500 up at the opening bell, says Marc Pado, chief market analyst at Cantor Fitzgerald. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,464.40 1,110.63 2,176.05 32.79
Oil *
77.05
UP
30.69
UP
4.98
UP
6.87
DOWN
0.38
10 Yr
3.28%
SPDR Gold
116.62
+0.29%
+0.45%
+0.32%
-1.15%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services