Worth Noting
April 29, 2008
04:30 PM ET |
Kirk Shinkle
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Over at BusinessWeek, Ben Steverman rounds up the latest bullish money manager sentiment and points out some recovery in financials.
Among the riskiest equities these days are financial stocks, and they've been on a tear lately. One index of financial stocks, the Financial Select Sector SPDR Fund, is up almost 16% since the Bear Stearns debacle.
Meanwhile, MarketWatch technicians say a breakout after the conclusion of the Fed meeting tomorrow is possible as markets press three-month highs.
Tags: stocks | stock market
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