Tuesday, December 6th, 2016

Market dives on Fed’s tapering of QE

This is the day market was waiting. The Feds will taper QE program by 10 billion a month as the econony gets stronger and the unemployment picture changes for the better. Its been six long years when the recession started and now we see some progress. But the Fed induced market climb is perhaps cominng to an end. These are fundamental changes taking place changing the Technical picture of the market. Take a look at the video and some major stocks that are now hugging 50 day lines.

Lets just see what next day brings…

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