Trading Volume Spells Trouble For Bernanke, Yellen, And The QE Experiment
An Epic Battle: This Level Seeing Major Institutional Selling
Fireworks On The Horizon: Be Ready For Market Action
Financial Stocks Weak: FOMC Leading Indicator Alert
The markets continue to roar higher with the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) trading at $165.60, +1.10 (0.67%). This is the second solid up day in a row, both coming prior the FOMC Policy Statement tomorrow. While the markets are charging higher into this major event, financial stocks have stalled and are flat to negative. Goldman Sachs Group Inc (NYSE:GS) is trading at $163.65, -0.46 (-0.28%) while JPMorgan Chase & Co. (NYSE:JPM) is trading at $53.89, +0.04 (0.07%). ..