Stocks Rally Despite French Bank Downgrade

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Markets got some decent follow through yesterday to Monday's Bullish Technical Reversal. Today the futures have been a bit volatile but are now pointing to a 5-8 point up open in the S&P. Last night the French Banks finally got their downgrade and it created a “sell the rumor”, “ buy the news” event in the European markets for now. Obviously there is ton going on with Sarkozy, Merkel, and...


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Posted In: Markets
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