Traders Shrug-off Disappointing GDP Revision as Small Caps Lead

December 23, 2009

GDP figures were revised lower once again as President Obama’s stimulus package of $780 billion simply was not effective enough. Traders simply ignored the revision and plowed forward pushing stock prices higher. Unfortunately, volume simply was not seen as we are heading into the holiday season. As Christmas approaches we’ll more than likely continue to [...]
Traders Shrug-off Disappointing GDP Revision as Small Caps Lead

Posted by Joshua Hayes | Filed Under Market Commentary