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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.


Seeking Alpha

Wednesday, September 30, 2015

Stock Market Advance Faces Stiff Challenge from Janet Yellen Later Today

Stocks were indicating a sharply higher start for Wednesday, which marks the close of September and the calendar quarter. However, an afternoon address by Fed Chair Yellen threatens to remind us of one of our greatest stumbling blocks. I look for equities to possibly lose some of their apparent confidence as we approach the close of the day and anticipate further worrisome issues to follow. See today's report on the stock market here.

Sector Security
09-30-15 Premarket
SPDR S&P 500 (NYSE: SPY)
+1.3%
SPDR Dow Jones (NYSE: DIA)
+1.3%
PowerShares QQQ (Nasdaq: QQQ)
+1.5%
iShares Russell 2000 (NYSE: IWM)
+1.1%
WisdomTree Europe Hedged Equity (NYSE: HEDJ)
+2.2%
iShares China Large Cap (NYSE: FXI)
+2.3%
iPath S&P 500 VIX (NYSE: VXX)
-4.8%
iShares Nasdaq Biotechnology (NYSE: IBB)
+2.5%
Energy Select Sector SPDR (NYSE: XLE)
+1.2%
Financial Select Sector SPDR (NYSE: XLF)
+0.0%
Technology Select Sector SPDR (NYSE: XLK)
-0.03%

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

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