Vaulting. 57 . Nasdaq declined. Apple declined. Therefore, its taken the nasdaq down. Was Larry Summers that horrendous for stocks . Could he actually matter that much . No, but he sure is a catalyst. Let me give you the setup and the reasons why the market loved the fact that Larry Summers is absolutely not going to be the next Federal Reserve chair. The only thing that stands in the way of higher stock prices here is, washington. The war between the president and republicans drains everyone. Business gets crushed in the crossfire every time there is a player partnership. Today when the president spoke, he admitted the economy took a real hit two years ago during the debt downgrade wrangling. We know the fiscal cliff discussion put business square on its back. We saw a return to good growth and then the sequester stalled the economy again. This linkage is amazing, and it is so abysmal that we all know we have to sell when the president and congress are at loggerheads. Thats just what
Apple declined. Therefore, its taken the nasdaq down. Was larry somers that horrendous for stocks . Could he actually matter that much . No, but he sure is a catalyst. Let me give you the setup and the reasons why the market loved the fact that larry somers is absolutely not going to be the next Federal Reserve chair. The only thing that stands in the way of higher stock proprietary prices here is, watch, the war between the president and republicans drains everyone. Business gets crushed in the crossfire every time there is a player partnership. Today when the president spoke, he admitted the economy took a real hit two years ago during the debt downgrade wrangling. We know the fiscal cliff discussion put business square on its back. We saw a return to good growth and then the sequester stalled the economy again. This linkage is amazing and it is so abysmal that we all know we have to sell when the president and congress are loggerheads. Thats just what you do. Its imperically smart.
Allen Wealth Management LLC purchased a new stake in International Paper (NYSE:IP – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 7,350 shares of the basic materials company’s stock, valued at approximately $266,000. Several other hedge funds and other […]
Jefferies Financial Group upgraded shares of International Paper (NYSE:IP – Free Report) from a hold rating to a buy rating in a research report released on Thursday, MarketBeat Ratings reports. Jefferies Financial Group currently has $57.00 price target on the basic materials company’s stock, up from their prior price target of $38.00. A number of […]
International Paper (NYSE:IP – Get Free Report) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 16,500,000 shares, a growth of 55.7% from the April 15th total of 10,600,000 shares. Approximately 4.9% of the shares of the stock are short sold. Based on […]