Market Recap: Stressin' the Test

[youtube=http://www.youtube.com/watch?v=W6CfC3Iax-Q]

The Reformed Broker, AKA Daniel Faraday, here with today’s Market Recap…

You knew we were due.  The market was exhausted and needed a break.  Now the big question is whether or not that was the end of a massive bear market rally, or just the beginning of something else.

I’m undecided, but I’ll work with what I’m given.

The Dow is down around 120 and the Nazz is off 46 at 5 minutes to the close.

The stress test results are due shortly.  That said, is there anything big that hasn’t already been leaked?

Doubt it.

Dougie Kass is looking for a raft of equity offerings from bankland after the results of the tests, and if so, the new dilution could, in fact, put a lid on the bank move…or the bulls could say “Look!  They can raise money!” and use that as an excuse to buy ’em.

Guess we’ll know soon enough!  Until then, enjoy the Tribe doing “Stressed Out“.

Have a good night, and check in tomorrow for my interview with Cody Willard.

Full Disclosure: No positions mentioned.

What's been said:

Discussions found on the web
  1. EatVerts commented on Sep 22

    … [Trackback]

    […] There you can find 78459 additional Info to that Topic: thereformedbroker.com/2009/05/07/market-recap-stressin-the-test/ […]

  2. https://bitcoineraonline.com commented on Oct 02

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2009/05/07/market-recap-stressin-the-test/ […]

  3. rpa testing commented on Nov 12

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2009/05/07/market-recap-stressin-the-test/ […]

  4. functional testing services commented on Nov 26

    … [Trackback]

    […] Read More on on that Topic: thereformedbroker.com/2009/05/07/market-recap-stressin-the-test/ […]

  5. wig sale commented on Nov 28

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2009/05/07/market-recap-stressin-the-test/ […]

  6. end to end devops services commented on Dec 01

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2009/05/07/market-recap-stressin-the-test/ […]

  7. 토렌트사이트 추천 commented on Dec 19

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2009/05/07/market-recap-stressin-the-test/ […]