Aug 17 2007
Stocks Update: TMA/XLF
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U.S. stocks surged today, with the Dow adding more than 200 points, after the Federal Reserve’s unexpected intervention. We still ended the week down. I told my readers to check out TMA (Thompson Mortgage) up 21% today and XLF (the financials ETF) up 4% today. It was a good day if you were in the right place. Financials were clearly the place to be today.




