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  1. #1
    Legendry Member Michael Hodges's Avatar

    SPX Support bounce !!!

    SPX is bouncing from the short term moving average. 
    SPX Support bounce
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  2. #2
    Legendry Member milos's Avatar
    Current monetary incentives such as bond buying program by $85 billions on a monthly basis results in higher stock price keeping interest rates low. Discussions about reducing or even ease decreasing the price of shares because of uncertainty about how the market will react to the reduction of monetary support. The market has become more optimistic after the announcement increase both exports and imports in China. During today's trading S&P500 rose 0.41%.

  3. #3
    Legendry Member Michael Hodges's Avatar
    tapering is priced into the market. any sell off's attributed to taper fear should be approached as a buying opportunity in my opinion.

  4. #4
    Legendry Member milos's Avatar
    S&P500 index ended the three days decline and the second day was growing. Decline at the start of Sunday's comments caused some officials of the Federal Reserve that it is possible that If US continue to achieve good economic results to the end of the year comes to the reduction of the bond buying program. US stocks futures prices have fallen in the morning signaling that S&P500 index increased biggest weekly fall in seven weeks. This index has previously reached a record high price in the quarterly earnings report of companies generally outperformed expectations.Out of 447 companies that have so far announced their earnings report 73% had a better than expected while 56% had better sales results.

  5. #5
    Legendry Member Michael Hodges's Avatar
    by the skin of my teeth.

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