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But "He looked stern and resolute when he spoke" How can you not believe the guy! I think it was the resolute part that was good for 211 dow points... all in the world is ok now, no need to worry about a thing! BUY BUY BUY!!!

Seriously, who needs earnings, positive guidance, improving margins or actually beating estimates ... we have Super Mario which said 45 days ago that Spanish banks will not need a bailout and then ask for one a week later or Bernanke, who said the housing collapse was contained in 2007 or that...

Dont worry, we all know he didnt come through the last 9 times he promised to take action, but THIS time he'll come through. The market is telling you he will, the market is telling you he will solve the euro crisis... the market is never wrong!

The markets acting like he solved the euro crisis or something... he's only said the same thing about 10 times already this market is a joke

I thought the markets were supposed to be smart? Fed Sees Action if Growth Doesn't Pick Up Soon The Wall Street JournalBy Jon Hilsenrath | The Wall Street Journal – 3 minutes 53 seconds ago Federal Reserve officials, impatient with the economy's sluggish growth and high unemployment...

Since when has wall street been ethical?

Time will tell, but as I've been saying they never have to announce it... just keep it on the table so the market can keep going up indefinately, or if the economic data improves the market will go up on that... no lose situation. I dunno how many pts this "QE3 on the table" has added to the...

Its not what you or I think its what Mr Market thinks. Today we have big miss on jobless claims, philly fed, and housing data. Yet markets are green across the board. They are saying these numbers are good for QE3 hopes. Unless you have a better explanation on why the market wont sell off on...

We are still in a bull market from the last couple of years... and this market keeps going up on bad news so will just be waiting for the good news to end it lol... I know what you're saying but this move up is different than others because bad economic data is good for the market because it...

i dunno in the past 6 months have things been getting better? bad employment reports, lowered earnings estimates, lowered growth forecast, europe burning, china getting smashed shanghai at 3 yr lows, copper, steel, aluminum, oil, financials all deteriorating... but were at the top of the...

and as i check futures up another 3 pts after hours.... the story of this mkt in a nutshell... qcom misses on top and bottom line and guides lower... stock up 9% after hours

The interesting thing about this rally is that companies that are missing earnings and/or lowering estimates continue to go up... and risk assets, commodities, oil, gold, etc have been getting beat up pretty badly economic sensitive stocks and commodities ie copper, oil, fcx, cmi, cat...

Just an oversold bounce lol... with all the bad economic data, europe crisis, china crashing.... we were due for a bounce!!!

up over 32 pts now!

With no pullback whatsoever! Massive move... what is the catalyst and how much higher can she go?

didnt we just have 7 of 8 down days in the market? and on 1 short covering rally and Bernanke speech and presto back up to highs!

looks like the bad retail data losses in the mkt are all but wiped out today on the Bernanke talk... but the day is still young tons of upside to go in this market day. Can't hold down a good market!

One thing i've noticed is that over and over again the stock market rallies going into a Bernanke speech or Fed announcement on "hopes" for QE3 or more stimulus etc. The interesting thing about this is that gold and oil usually sell off into the same events, then continue to sell off after...

Probably a lot considering how much the market ran up heading into the fed announcement but I guess it just goes to show you its not the economic data and fundamentals that are moving the market, its Goldman Sachs and company...

Its going lower probably, but only for 1 reason. The big boys now want it to go lower... http://www.businessinsider.com/market-falls-after-goldmans-short-call-2012-6