This is a syndicated repost published with the permission of Between The Lines. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
Equities markets rallied strongly today on stronger-than-expected earnings from Wal-Mart (up 8%), with the Dow bounding eagerly upwards by more than 300 points on the news. The market was clearly looking for any excuse to divert attention from the continued spread of the subprime contagion—and it found what it needed in the Wal-Mart […]
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