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April 27, 2005
Cyclical sell-off, Wed., April 27, 2005, 3:36 PM
I have noted that cyclicals are getting hammered today. It's almost a shut-out. With all the cross-currents today, this is a tough one to try to get a handle on the market.
My gut tells me tomorrow will be a little different. The U.S. GDP report this week will also push the USD one way or another -- probably down. That in itself will likely make today's losers (listed here as of a few minutes ago), this week's winners.
Posted by Posted by Bill Cara on April 27, 2005 03:38:43 PM | Category: Cara Today in the Market
Bill,
What do you think the Fed will do on the next FOMC meeting, considering recent signs of a economic slowdown?
Thanks,
R
Posted by: rchang at April 27, 2005 5:59 PM [link]