Stocks Rally On the News of Bin Laden?s Death, You Say? It?s Not That Simple

By Elliott Wave International On the morning of May 2, the financial headlines were abuzz with the news of Osama Bin Laden’s death and its positive impact on the stock market:  "Stock Market Celebrates Killing of Bin Laden" (The Wall Street Journal) But despite a positive open, stocks closed lower on May 2. Undoubtedly, in [...]

Source: http://blog.forexcycle.com/6306/stocks-rally-on-the-news-of-bin-ladens-death-you-say-its-not-that-simple/

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