Fed’s Problem: How To Slow Down The Runaway Stock Market Train Driven By Market Mechanics
Published by
Benzinga
Benzinga
To gain an edge, this is what you need to know today. The Fed’s ProblemPlease click here for a chart of Invesco QQQ Trust Series 1 (NASDAQ: QQQ). Note the following: The chart shows that the stock market has had a significant rally since the beginning of November.The chart shows Arora buy signals.The chart shows that the stock market is consolidating right at the low band of the resistance zone.RSI shows that the stock market can go either way but the probability to the upside is higher.CPI data will be released tomorrow at 8:30am ET, and PPI will be released on Wednesday at 8:30am ET. Both ha…