Feds Policy keeps market going higher
Feds keeps the same momentum going and the market keeps moving higher. Feds policy may change if the unemployment rates drop below 6.5% but that is not there yet. Friday saw some selling in big names like PCLN, GOOG, NFLX all to the detriment of bulls. Even though the market direction is still to the upside the lower prices in some of these names will attract buyers and they should be watched for the rebound from 50 day lines in this bull market.