We are back to the days where if the market isn't gaining its trading sideways... Just like today ...
Makes one curious what was discussed and implemented in that global meeting back in February...Obviously a weaker dollar took some stress off the system...and now the Fed will be back hemming and hawing about why it's not a good time to raise rates again...instead, we'll get the hawkish counterparts here and there.
If FED not raise ratesin June and if it dropps rates back to 0.25% in September then ^SPx will be 2500 in November. And after election it will be back to 1900 and if Trump wins even lower...
http://www.zerohedge.com/news/2016-...valuations-does-not-rule-out-intervention-yen Earlier today, Japan's government spokesman Suga came as close as possible to admitting that there was in fact a tacit "Shanghai Accord" agreement when he said that the Group of 20's agreement to avoid competitive currency devaluation "does not mean Japan cannot intervene in response to one-sided currency moves."
Google earnings miss completely on top and bottom line... Microsoft earnings miss Yep Nasdaq should rally to 5000 tomorrow on this news just like oil rallied after they announced no production freeze.... Keep buying....even Apple is dropping again near 100.... This nothing but positive for all tech tomorrow