Use access key #2 to skip to page content.

IBDvalueinvestin (98.48)

Stocks rally in last 5 minutes as Treasury News sends shorts covering.



July 08, 2009 – Comments (3)

15:57  US Treasury, Fed, FDIC announce program to buy up to $40 bln of toxic securities - Reuters

3 Comments – Post Your Own

#1) On July 08, 2009 at 4:14 PM, IBDvalueinvestin (98.48) wrote:

Some stocks issuing upside guidance afterhours:






Report this comment
#2) On July 08, 2009 at 4:17 PM, IBDvalueinvestin (98.48) wrote:

Wow AA blows away estimates posts smaller loss, higher revenues.


Report this comment
#3) On July 08, 2009 at 4:59 PM, russiangambit (28.72) wrote:

It is only for $40 billion, it is probably just about 5% of the toxic debt out there. And I read it on Bloomberg  a couple days ago already. It was a "better than expected" treasury auction that moved the market, I think.

Report this comment

Featured Broker Partners