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It's OptionsEx week, so expect wild swings while people "posture" (gotta love that word being used all over the business media) ahead of the Fed Forecast release at 2pm on Wed, then Big Ben speaks at 2:30pm.
 
It's OptionsEx week, so expect wild swings while people "posture" (gotta love that word being used all over the business media) ahead of the Fed Forecast release at 2pm on Wed, then Big Ben speaks at 2:30pm.
As assumed Helicopter will be flinging the BS in all directions, but will continue to Feed the Dog with $85 Bazillion a Month until he can't.
 
Things are bad because Machines are taking away all of our manufacturing jobs if thty don't go to other countries. BLAST!
 
If things were bad the bond market would be going up and not down - we have a Goldilocks economy and the Dow will pass 17,000 this year - hold on tight.
 
The Commerce Department reports sales of new, single-family homes rose 8.3% in June to an annual rate of 497,000 units, beating expectations of 482,000. It was the highest reading in five years.

Market is going to take off on this great news!! :notrust:
 
When the S&P 500 takes out 1700 you'll see the dust cloud forming in the distance as mom and pop finally capitulate and buy some happiness.
 
Birchtree....When the S&P 500 takes out 1700 you'll see the dust cloud forming in the distance as mom and pop finally capitulate and buy some happiness.


Birch's quote is still relevent.... If this week's news causes Market's to breech and hold above 1700, then it's up and away... If not watch for break at 1684 or so and support at 1640..
 
I've been preaching caution on the S fund for two years and have been proven wrong so far, but then again I'd be careful at these levels. Even though my oceanic account is primarily loaded with small caps but many of them produce income - the S fund doesn't have that ability. With a 15 year outperformance of small caps there is a change brewing where large caps may take over for the next 5 years and push this rally to Dow 17,000 and far beyond. The C fund is the place to migrate towards for gains and safety.
 
The U.S. Federal Reserve can begin winding down its bond-buying stimulus plan later this year as the economy improves, but will likely need to keep official interest rates near zero for another two years, Chicago Fed President Charles Evans said on Friday.
While he did not specify an exact month for the start of a reduction in the Fed's purchases of mortgage-backed securities and Treasury bonds, his timeline appeared to make Evans reticent about making such a move at the central bank's next policy meeting in September, as most investors now expect.
 
I try not to because I'm always a loser, I have no talent and can''t advise anyone on how to invest their money, but if I did you could do exactly the opposite and you would make money. That's why I don't give my analysis of what's going to happen in the market.
 
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