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Free stock tips - Money laundering case: Enforcement Directorate(ED) breaks forex scam related to OBC & Axis Bank. ED arrests a person "Manish Jain" under Prevention Of Money Laundering Act -Manish Jain transferred more than Rs 500 cr through 70 fake bank accounts. Manish Jain transfered money to HSBC, Hong Kong & China.he was involved in money laundering since 2006

Unidentified factors may be artificially and temporarily pushing the market higher. If confirmed, then the market is moving higher only on non-structural events not tied to economically strong underpinnings.

Rally started Tuesday anticipates announcement from Europe of a solution to debt woes. A rally would accompany such news, but "buying the news" risky.

The debt ceiling raise may spark a stock market rally, but investors may want to use this as an opportunity to raise cash as odds favor another leg down.

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