Four bullish signs from Trader Talk
On CNBC, Bob Pisani talked about his four bullish signs, also on the link below:
1. Stocks are having multi-month breakouts, Halliburton, Alcoa, HP, and Morgan Stanley, and could be troughing now
2. Mortgage rates are going below 5%
3. Corporate bond issuance is up
4. Reflation signs: TIPS auction went well, rising commodity prices
I have also heard they will commodity prices will likely go lower in 2009 - more on that another time.
http://www.cnbc.com/id/2852547
1. Stocks are having multi-month breakouts, Halliburton, Alcoa, HP, and Morgan Stanley, and could be troughing now
2. Mortgage rates are going below 5%
3. Corporate bond issuance is up
4. Reflation signs: TIPS auction went well, rising commodity prices
I have also heard they will commodity prices will likely go lower in 2009 - more on that another time.
http://www.cnbc.com/id/2852547