This will be a significant week for the market, as OPEX is apon us.
The S&P broke out of the bull flag and looks like it wants to work its way higher.
I will say this, $22.8 billion dollars poured into stock funds last week alone, yes, you did read that right I said $22.8 billion dollars. WOW!, that is the beginning of a trend you will see continuing because the fed has stepped up and said QE purchasing may stop this year. I do not know if that is the case, or they are just playing games, however, many people with 401k's and mutual funds have been forced to look at investing in the stockmarket. That is what you saw happen last week.
So this week will be very significant.
WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED? CLICK HERE To Join Our VIP ELITE GROUP -- FREE 10 Day Trial Offer Today!
No comments:
Post a Comment