"TAP não sobrevive se se mantiver pública", garante Pinto Luz

[Luka!]

Newsletter do Zacks de hoje...
... Prudencia ... nada de brincar a estes niveis como "crianças hiperactivas numa festa de aniversario ... ja que depois chegam os pais e..." (metafora engraçada)

Dear Subscribers,

I am highly amused by the different reactions that took place after the FOMC Meeting Announcement came out Tuesday afternoon. In particular day traders acted like hyperactive children at a birthday party. Instead of screaming for more cake, candy and cola they pounded the table for more stimulus. So when they saw the Fed leaning more in that direction they pushed up the Dow by 100 points in just minutes.

Investors came in a bit later to find the traders crashing from the "sugar high". You could say that the investors were like the parents who needed to clean up after the children's mess. What investors heard from the announcement was "if the Fed is ready to use more stimulus, then economy must be a LOT worse off than we suspected". From there the traders rally was deflated and the market ended the day in the red. It will be interesting to see which sentiment prevails going forward. I personally did not read it as positive news for the economy or the stock market. That does not mean sell everything and head for the hills. It means this recent leg of the rally is probably nearing an end and we are likely to head lower in the trading range.