WBAL Mad Money June 29, 2012
countries. can't invest in rumors. european leaders did apparently agree to spend $150 million to stimulate growth, a tenth of what's needed. nice thought. let's talk about facts. for much of the year stocks trade off of big trends. you have a strong durable goods number and the big institutions can set the price of stocks. they come in and buy etfs filled with industrials. we hear about a new product, say from apple. the same buyers buy up all the makers the innards of the products. we buy the oil. decline in commodities means we purchase packaged goods companies. in short we take w...