Zacks' Voice of the People highlights opportunities with The SPDR S&P 500 ETF, Apple and - Press Releases

Zacks Investment Research
Posted: Mar 28, 2012 8:30 AM
Zacks' Voice of the People highlights opportunities with The SPDR S&P 500 ETF, Apple and - Press Releases

For Immediate Release

Chicago, IL – 03/28/2012 – Zacks highlights commentary from People and Picks Trader inthemoneystocks.

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Featured Post

Markets Float After Bernanke Pump Rally

The markets are floating flat on the trading day. The SPDR S&P 500 ETF ( SPY) is trading at $141.53, -0.08 (-0.06%). Yesterday, Ben Bernanke pumped the markets with talk of more QE (quantitative easing). This sent the QE addicted markets shooting higher like a junkie excited about a fix.

Apple Inc. ( AAPL) hit a new all time high today of $614.91. This is one of the stronger players in the market today, along with, Inc. ( AMZN). These two stocks are helping the NASDAQ maintain a positive day while the Dow Jones Industrial Average and S&P 500 are flat to slightly negative.

Volume has remained insanely light ever since 2012 began. This is one warning sign that should bother most investors. If things were so great, volume would be higher as institutions buy stocks heavily. In addition, this current quarter is the best performer since 1998, just prior to the technology bubble collapse.

Lastly, pay attention to metal stocks. They have fallen sharply of late while the rest of the market continues to hit new highs. The metal stocks are a direct gauge of the global economy. The fact that they are not rallying tells intelligent traders that the upside is Federal Reserve based and not fundamental.

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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact: Brent Billock
People & Picks Manager
Phone: 312-265-9307

APPLE INC (AAPL): Free Stock Analysis Report
AMAZON.COM INC (AMZN): Free Stock Analysis Report
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