THE MOVES
Markets are soaring on the heels of the FED statement and a 75bps rate cut- dollar dipping - EURO soaring- and SPX 900 in the front view-
Market internals never blinked and show 1700 net winners on the NYSE and 1300 net green on the NAZ.
VIX- down 5% at 54;
Up volume 9x the down;
Going forward - a buy the dip markets as fighting these rates and this fed activity may not be the wisest move- so probably time to get on board and stay long and strong.
1 Comments:
I think that tomorrow will be a good time to position themselves bear again.
From spain.
http://www.sintrampanicarton.es/
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