How traded America 17th 4th 2013
Wednesday's trading in the markets once again brought a decline. The S & P 500 erased yesterday's correction and ended near closing values ??Monday. Macro today was relatively poor, and slightly better result growth in the number of applications for mortgage markets had no effect. The decline can be attributed to the negative sentiment after weak results Bank of America (BAC), but also Textron (TXT), or nervousness about bombings in Boston. Also relatively strong decline in shares of Apple (AAPL) pulled down the whole technology sector. Apple weakened amid speculation about a possible decline in iPhone sales after chip supplier Cirrus Logic (CRUS) decreased sales expectations. Beige Book that could affect market events did so only slightly.According to Bernanke's words continued moderate growth in the economy and real estate sector continues to recover. The decline in retail sales could be due in part to higher taxes and slower job creation. Generally speaking, the current results Beige Book is slightly stronger than it was a month ago.
Model portfolio and sold BAC of CAT. HAS bought a shortovalo UVXY.
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