
The Mother of Bear Rallies: Obama effect to rally Stock Markets?
Wall Street rallied today in a dazzling return of investor confidence only a day after US financials were slaughtered. The Dow Jones gained 279.01 point (3.51%), the S&P 500 35.02 points (4.35%), and the Nasdaq was up 66.21 points. (4.60%). Marketwatch makes and interesting point with Jeffrey Kleintop, chief market strategist, LPL Financial, as saying: [...]