Federal Reserve

This week's action will help develop a better trading environment.
The pattern looks clear in stocks, bonds and sovereign debt.
We could use some volatility to make it more interesting.
There are amazing cross currents that make fundamental security analysis hard.
If you don't like speculation, just hike the margin requirement.
Watch economic indicators and the yield curve.
The market needs strong April employment report.
The move is still out of bonds and into stocks.
Federal pending boost then could create S&P highs.
Keep buying these dips as there are still rewards.

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