Wall Street Greek

The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.

Wednesday, October 29, 2014

How the Market Blew Off Ebola

Many market players likely attributed Wall Street’s non-reaction to the New York City Ebola case to every excuse but the real factor lifting stocks. I indicated the rally would build steam last week, but my correct call had little to do with Ebola or the avoidance of a broader outbreak in the United States. Rather, the catalyst and cure was a forthcoming event today that the market has its sights set on. Anticipation of this pending event was so powerful it carried stocks right through the discovery of Ebola in America’s most populous city. See more on the market’s courageous gains here, and why I see it turning to cowardice today. Interests SPDR S&P 500 (NYSE: SPY).