Fed officials were out in force today sending the same old message—“We’ll be raising interest rates, but we’re data dependent” and so forth. Their mission has been to http://www.cremation-ffc.fr/index.php/generic-viagra-100mg “clarify” their policies and roulette online intentions. Evidently investors believe they’re making a hash of things.
With this kind of uncertainty, there’s only one thing investors will do and that’s sell. This they did all day. My opinion had been that stocks had reached the top of the previous 2015 trading range. This was reached nearly precisely by the S&P 500 last week and then we sold-off. I thought then the best price for generic cialis bottom of the previous trading range then would be the likely target. This target was nearly met Thursday as the weekly chart (below) will show.
Read more…