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Friday, May 27, 2011
Month End Mark up for Stocks and Commodities
Mr Topstep Danny Riley talks about how the S&P 500 futures "caught a bid" going into Wednesdays trade, was up a total of 13 handles the last few days and was up 5.50 handles this morning. Riley points out that money is going back into stocks, commodities as the May month end comes to a close. Riley also points out - Bill Gross on CNBC talking about defaults in the US further debt problems in the Euro Zone and how strange it is that the markets were rallying.
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