Fed Speakers will be on the mic today the entire day; Yellen testifies at 10:00 am, Bullard speaks at 10:15 am, Evans at 1:30 pm, 4:35 pm Mester speaks. Over the long-term what they say matters less to where the market is going, in the short-term anything can move the market.
The fourth quarter is typically strong, but they are quite different in election years. Schaeffer’s Research.
My opinion and outlook are subject to change as new information comes in.
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at email@example.com or 646-480-7463.
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