Daily Reading on the Financial Markets: 2/24/11
So far, there can be no debate that betting along with Central Bank balance sheet expansion has been a fistful of aces. Exit strategy? Who knows or cares for now.
Jeff Wachtman at Minyanville on the ability of Central Banks to push markets higher.
Chris Kimble suggests that AAPL may be facing stiff technical resistance.
Cullen Roche at PragCap is a fan of rail traffic as an economic indicator, and he notes recent volatility, and a depressed most recent reading.