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Market Mentality: Federal Reserve and government will always backstop the big financial players, buy like there is no tomorrow.


Will Bernanke Play Santa Again

Posted by inthemoneystocks on December 11th, 2012

This morning, the major stock indexes are all trading sharply higher to start of the trading day. On the surface, everything looks wonderful in the stock market. The highly followed Dow Jones Industrial Average is trading higher today by 86.00 points in the first thirty minutes of the session. Many traders and investors seem to be betting on another inflationary push by Ben Bernanke, who will be announcing his latest policy statement tomorrow. 

Fulsome Volume Stock at NYSE ? BAC

Posted by akki on December 10th, 2011

Bank of America Corp (NYSE:BAC) is a bank holding and a financial holding company. It is a financial institution, serving individual consumers, small and middle market businesses, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services.

** Steve Jobs, who transformed Apple Incorporated (AAPL) into the world’s largest technology company, submitted his resignation to the board of directors on Wednesday and according to reports, he “strongly recommended” that the board name Chief Operating Officer Tim Cook as his successor. Jobs will remain on the Board but in a limited capacity.

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Bank of America Corporation (NYSE:BAC) has resumed foreclosure sales, starting with vacant and non-owner-occupied properties. In October, the bank announced a voluntary freeze on foreclosure sales while it conducted a review of its foreclosure processes.

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