NOTE: Please click on the charts below to enlarge them if they do not appear clearly.The stock market followed through with another round of broad-based gains yesterday, but getting there was quite a wild ride. After opening slightly lower, the major indices recovered and moved marginally higher into the 2:15 pm Fed announcement on economic policy. Immediately following the FOMC commentary, stocks nosedived to new intraday lows, but they whipped back up to new intraday highs less than an hour later. Trading is typically volatile and whippy immediately following Fed announcem[...]
Read More...
[Source: The Money Blogs]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment