13.7 C
New York
Tuesday, November 26, 2024

Obama Loves QE?

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

Would you be bullish this chart, not knowing what it represented?  It is quite constructive, with a breakout over highs of the past few years.  This is the Intrade chart for Obama’s re-election and you can see the spike late last week following the bazooka unleashed by Mr. Bernanke.  Apparently presidential elections are a lot like commodities….   hat tip Research Puzzle pix.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,452FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x