Post-QE3 Action Mirroring Post-QE2

I saw a lot of tweets today on the stream talking about how “we gave up all the QE3 gains!”, or something of that nature. Well, I present to you 2 charts below, without much commentary. You make the call and analysis.

$SPY Daily Chart (July 2012-present)

 

 

$SPY Daily Chart  (September 2010-January 2011)

 

 

Tags: $SPY $SPX $STUDY

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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