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Rant & Rave Blog

Market Floats Higher Into Uncharted Waters Ahead Of The Federal Reserve

Posted by InTheMoneyStocks.com Tuesday, April 28, 2009, 08:00PM ET

Read 333 times

Market Floats Higher Into Uncharted Waters Ahead Of The Federal ReserveThe market continues to climb on light volume higher in the FOMC policy statement.  This market is riding the back of XOM and GS along with Ben Bernanke who seems to be the markets best friend now.  This comes after the first 2 months of the year, the markets despised Bernanke, Geithner and Obama.  The love affair continues as the markets feel Bernanke will continue to push the market higher with positive statements.  We however, are not so sure of this.  The markets are showing signs of some interesting head winds over the next couple days.  Be on alert.


RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 Townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.

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