Research firm TrimTabs offered up its explanation for January's jump on Friday, saying institutional investors -- the so-called smart money -- is amping up exposure to equities to capitalize on the arrival of another round of quantitative easing, possibly as soon as next week.
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Dow Jones Industrial Average (^DJI)
-DJI| Prev Close: | 12,623.98 |
|---|---|
| Open: | 12,623.83 |
| Day's Range: | 12,620.76 - 12,720.48 |
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| 52wk Range: | 1,260.62 - 12,928.50 |
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