Tue 22 Jul 08 | 12:00 PM ET

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Financial Rallies or Fallies?

Tue 22 Jul 08 | 12:00 PM ET

Here's a new term for you: Fally -- that's a rally based on fallacy which, according to Kirby Daley, Strategist, Newedge Group, is pure folly. He vehemently disagrees with the glowing outlook for U.S. financials from Capital Markets Technology's Jack Bouroudjian.

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Sen. Johnson on Scrapping the Tax Code Thu 23 May 13 \| 07:30 AM	JPMorgan Board Member: Lessons Learned Thu 23 May 13 \| 07:16 AM	Reading the Fed's Smoke Signals Thu 23 May 13 \| 07:00 AM	Global Markets Slump Thu 23 May 13 \| 06:30 AM	US Futures Signal Lower Open Thu 23 May 13 \| 06:14 AM
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Nikkei Needed Some 'Digestion': Pro Thu 23 May 13 \| 02:00 AM	Could the Market Withstand Fed's Tapering? Thu 23 May 13 \| 01:30 AM	Bernanke Confused Everybody: Dennis Gartman Thu 23 May 13 \| 01:00 AM	Why Investors Should Be on Bubble Watch Thu 23 May 13 \| 12:45 AM	Time for USD to Shine Thu 23 May 13 \| 12:20 AM

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Sen. Johnson on Scrapping the Tax Code Thu 23 May 13 \| 07:30 AM	JPMorgan Board Member: Lessons Learned Thu 23 May 13 \| 07:16 AM	Reading the Fed's Smoke Signals Thu 23 May 13 \| 07:00 AM	Global Markets Slump Thu 23 May 13 \| 06:30 AM	US Futures Signal Lower Open Thu 23 May 13 \| 06:14 AM
US Stimulus Concerns Rattle European Shares Thu 23 May 13 \| 06:10 AM	Pre-Market Report: What You Need to Know Thu 23 May 13 \| 06:00 AM	Ralph Lauren Doing Very Well: Pro Thu 23 May 13 \| 05:50 AM	Markets Looking for Excuse to Take Profits: Pro Thu 23 May 13 \| 05:45 AM	UK Start-Up Quill to Get $1 Million Investment Thu 23 May 13 \| 05:20 AM
Still Case for 'Easy Monetary Policy': BoE Member Thu 23 May 13 \| 05:00 AM	Japan in Big 'Monetary Experiment': BoE Member Thu 23 May 13 \| 04:55 AM	Were London Killers Acting Alone? Thu 23 May 13 \| 04:20 AM	Europe Is Still in a Downturn: Economist Thu 23 May 13 \| 04:00 AM	Man Knifed to Death in Suspected London Terror Attack Thu 23 May 13 \| 03:50 AM
We Have a Lot of Pricing Power: TGS CEO Thu 23 May 13 \| 03:30 AM	Market Will Pull Back When Fed Tapers: Pro Thu 23 May 13 \| 03:15 AM	Why the Correction Will Be Short-Lived Thu 23 May 13 \| 03:05 AM	European Market Opens Sharply Lower Thu 23 May 13 \| 03:00 AM	IMF Chief Under Investigation in France Thu 23 May 13 \| 02:46 AM
Does Austerity Kill? Thu 23 May 13 \| 02:40 AM	'Huge Milestone' Has Been Passed: Aveva CEO Thu 23 May 13 \| 02:30 AM	'We Are Penetrating Our Markets': Investec CEO Thu 23 May 13 \| 02:15 AM	Huge Volatility in Today's Nikkei Session Thu 23 May 13 \| 02:03 AM	US Core Market Still Under Pressure: SABMiller CEO Thu 23 May 13 \| 02:00 AM
Nikkei Needed Some 'Digestion': Pro Thu 23 May 13 \| 02:00 AM	Could the Market Withstand Fed's Tapering? Thu 23 May 13 \| 01:30 AM	Bernanke Confused Everybody: Dennis Gartman Thu 23 May 13 \| 01:00 AM	Why Investors Should Be on Bubble Watch Thu 23 May 13 \| 12:45 AM	Time for USD to Shine Thu 23 May 13 \| 12:20 AM

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Financial Rallies or Fallies?

Financial Rallies or Fallies?

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