U.S. Stocks Little Changed; Banks Rally -
Tuesday, January 10, 2012
(Bloomberg) U.S. stocks were little changed as a rally in financial stocks helped overshadow growing concern that Europe may be headed into a recession and that America’s job market will remain stagnant.
Read Full Article
Hedge Funds Sit Out Rally With Speculation on Stock Gains Close to ’09 Low -
Monday, January 09, 2012
A gauge of hedge-fund bullishness measuring the proportion of bets that shares will rise climbed to 44.5 last week from 43.9 at the end of 2011, holding close to the lowest level since 2009, according to International Strategy & Investment Group. Compared with the price of the Standard & Poor’s 500 Index, managers’ so-called net exposure is close to the lowest since June 2008, the ISI data show.
Read Full Article