Beverly Hills 1/23/2010 8:06:54 AM
News / Business

China Fears and Obama Bank Break Up

Mark McMillan’s Special Situations blog, EQUITIES Magazine

Market strategist Mark McMillan talks about what happened in finance this week and what that means for investors.

 

“The major index ETFs opened mixed and then moved in split fashion. The Dow began to move almost immediately lower while the NASDAQ-100 and Semiconductors moved almost immediately higher. The S&P-500 moved sideways to moderately higher and the Russell-2000 aligned with it. Within the first hour, all the indexes had rolled over and began to dive. It wasn’t until late morning that the slide abated and the bulls crawled out from their hiding places and began to buy…”

 

To continue reading this post and to read more of Mark McMillan’s Special Situations, click here.

 

About Mark McMillan:

 

Mark McMillan entered the world of finance to solve the problem of why and more importantly when the markets will go up and down. He developed a behavioral model to understand what is really happening in the markets and uses it to time the markets. He also uses fundamental research to determine valuations for companies. He combines the behavioral and value strategies along with macro-economic analysis to build a portfolio with both long term and tactical positions.

 

About EQUITIES:

 

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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