Tuesday, December 14, 2010

Morning Madness

  • Futures are about flat for the start
  • Mixed economic reports have come out
  • PPI and Core PPI were a slight miss
  • Both Retail numbers have been positive
  • FOMC Rate Decision today
  • FOMC talking today will have a big effect of the market
  • Be careful today has the market will probably be light before the announcement
  • FOMC is usually bullish (but that may change)
  • Bulls continue to hold 1227
  • Dip buying is still strong

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