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Market Rally Slows After Bernanke Comments
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FBN’s Lauren Simonetti breaks down the stocks moving the markets.
- Duration 1:09
- Date Aug 31, 2012
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FBN’s Lauren Simonetti breaks down the stocks moving the markets.
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Seventy points OK so you don't have the same strength that we have it literally two minutes ago.
Where it's seventy points that's what we opt opt for the Dow 67%.
The markets trying to make up its mind.
Doesn't really like what he had to so.
Let's get the Lauren because earlier today we have -- says -- -- another low so while we're now.
Dad and we did hit another low of eighteen dollars and point three cents the stock is down 4%.
I'm seeing at least two up price target cuts the latest from Bank of America Merrill -- Giving -- 23.
Dollar price target but they're citing these looming lock up expiration periods as being more.
Catalyst for selling of the stock and and the next big one went 40% more shares hit the market comes on November 14 so it's not looking -- in the near term future for these account looking at -- Alan comment.
-- learning from may to August 31 chopped in half and that's where we are now -- long thank you very much indeed.
Let's get back to the market real fast the Dow Industrials and now office 76 points kind of -- holding pattern.
As -- -- reach through Ben Bernanke's comments what exactly is he say.
There's a fine ought to reading between the lines abandoning.