The Fed and Yellen press conference that followed were enough to jar the financial complex where the dollar went on a rally and equities printed some big neutral sessions. Under the surface some momentum stocks are running, others are not.
The key is staying focused on price action, the auction, and using the information as best you can to predict future market movement. Anything ‘bigger’ than this, like extrapolating fundamentals onto a 4 day trade is sheer lunacy. Focus on price action, volume, and leave the rest for the pundits.
We are back in the middle of balance, the dip was bought, and there is still Scottish independence to price into the market.
QE infinity
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I just saw what you did there with your blog post titles – well played, sir!
glad you caught that
sometimes I wonder if its all for me, which is okay too 🙂