Much Ado About Nothing

By -

Here's your guide to the day's Bernanke Vote events, for those who weren't hanging on to every tick:


1. Skittishness and nervousness about the remote possibility of Bernanke not getting confirmed.

2. Excitement and anticipation of the cloture vote and, moments after, the vote to re-confirm.

3. Bernanke is overwhelmingly voted in to a 2nd term, and the market inexplicably doesn't give a flying fig.

Buy the rumor and sell the news continues to hold sway.