{"id":32313,"date":"2012-09-13T16:06:02","date_gmt":"2012-09-13T20:06:02","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/09\/reactions-to-bernankes-qe3\/"},"modified":"2012-09-13T16:06:02","modified_gmt":"2012-09-13T20:06:02","slug":"reactions-to-bernankes-qe3","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/13\/reactions-to-bernankes-qe3\/","title":{"rendered":"Reactions to Bernanke\u2019s QE3"},"content":{"rendered":"<p><a href=\"http:\/\/sizemoreletter.com\/\" target=\"blank\">By The Sizemore Letter<\/a><\/p>\n<p><em>Investor&#8217;s Business Daily\u00a0<\/em>contributor Trang Ho interviewed Charles Sizemore in his report on investor reactions to Bernanke&#8217;s QE3 announcement (See &#8220;<a href=\"http:\/\/news.investors.com\/investing-etfs\/091312-625626-five-best-etf-buys-on-fed-move.htm\">Five Best ETF Buys After Fed Unleashes QE3<\/a>&#8220;).<\/p>\n<blockquote>\n<p>Exchange traded funds rallied across the board after the Federal Reserve fired off another round of economic stimulus.<\/p>\n<p>The Fed said it would buy $40 billion per month of agency mortgage-backed securities, MBS, and it would hold interest rates &#8220;exceptionally low&#8221; to mid-2015&#8230;<\/p>\n<p>Cyclical and high-volatility stocks such as technology, industrials and materials will benefit most, says Charles Lewis Sizemore, founder of <a href=\"http:\/\/sizemorecapital.com\">Sizemore Capita<\/a>l in Dallas.<\/p>\n<p>&#8220;While the economy is slowly improving, (Ben) Bernanke fears a relapse into deflation,&#8221; Sizemore said. &#8220;This means he&#8217;ll err on the side of dovishness.&#8221;<\/p>\n<p>Industrial Select Sector SPDR\u00a0(<a href=\"http:\/\/news.investors.com\/investing-etfs\/091312-625626-five-best-etf-buys-on-fed-move.htm?p=full\" rel=\"\/StockSymbol.axd?symbol=XLI\">XLI<\/a>) leapt 0.94%. It cleared a 37.49 buy point in a classic cup-with-handle pattern.<\/p>\n<p>Technology Select Sector SPDR\u00a0(<a href=\"http:\/\/news.investors.com\/investing-etfs\/091312-625626-five-best-etf-buys-on-fed-move.htm?p=full\" rel=\"\/StockSymbol.axd?symbol=XLK\">XLK<\/a>) flew 1.24% to an 11-year high.<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p>No related posts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By The Sizemore Letter Investor&#8217;s Business Daily\u00a0contributor Trang Ho interviewed Charles Sizemore in his report on investor reactions to Bernanke&#8217;s QE3 announcement (See &#8220;Five Best ETF Buys After Fed Unleashes QE3&#8220;). Exchange traded funds rallied across the board after the Federal Reserve fired off another round of economic stimulus. The Fed said it would buy &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/09\/13\/reactions-to-bernankes-qe3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Reactions to Bernanke\u2019s QE3&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-32313","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=32313"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/32313\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=32313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=32313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=32313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}