The Printing Presses Are Running. This Was the Final Push. Watch For Signs of Selling
The price action this week has been rather subdued. Most Asian markets have been closed to celebrate the New Year and the economic releases have been minor. Traders are focusing on earnings and the results are in line. Yesterday, the Fed provided a spark when they set a zero rate policy through 2014. The printing presses in Europe and the US are running at full speed. Stocks had a mixed reaction initially, but they eventually rallied on the news. The Dow is close to a 3 1/2 year high. Conditions feel like they are improving, but the Fed obviously has concerns. …
January 26, 2012
• Posted in: Options
Comments are closed for this entry.