MONDAY-WEDNESDAY’S ACTION: Stocks Wait For the Fed
Thursday & Friday’s Action: Stocks Are Strong
MARKET OUTLOOK: STOCKS Hit New Highs
The Fed induced rally is alive and well after Bernanke did a 180 and shifted the narrative back to a world of infinite Fed money. Our goal is to remain in sync with the broader trend of the market (up or down) and not get caught up with the minutiae of changing labels on the market status very often. As always, keep your losses small and never argue with the tape.