Stock Market Video - Wild Action As Dollar Whips, Volatility Returns, Profits Swell
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The markets have been on a wild swing today with the SPDR S&P 500 ETF (NYSE:SPY) jumping higher, reversing to go negative and then moving higher again. The range has been huge today with plenty of volatility. Financial stocks are getting crushed today. JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Company (NYSE:WFC) and Bank of America Corporation (NYSE:BAC) are all sharply lower. The Dollar, after dropping early, has reversed to trade sharply higher. The PowerShares DB US Dollar Index Bullish (NYSE:UUP) is trading at $22.28, +0.08 (+0.34%). Watch the video below to gain all the insight into the markets you could dream of. This is hardcore analysis mean to open the eyes of all investors, swing traders and day traders. Enjoy!