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How far can you trust this rally?

Authors :
Tan, Kopin
Source :
Barron's. April 13, 2009, Vol. 89 Issue 15, pM3, 3 p.
Publication Year :
2009

Abstract

Eighty-four percent of stocks have risen above their 50-day moving averages which is a sign for at least a pause in the five-week stock market rally leading up to April 10, 2009. The Federal Reserve's plan to buy more than $1 trillion in mortgage securities could force mortgage rates lower. The performance of the shares of BB&T are also discussed.

Details

Language :
English
ISSN :
10778039
Volume :
89
Issue :
15
Database :
Gale General OneFile
Journal :
Barron's
Publication Type :
Periodical
Accession number :
edsgcl.199957740