Warning: The Fed Will Soon Be Buying Stocks… Here’s How to Play This.
by The Phoenix The Fed stepped in to save stocks yesterday. At the time, the market was experiencing its first significant decline since the March 23rd bottom, falling ~10% from peak to trough. From a technical analysis perspective, stocks were on the verge of losing the all-important 200-day moving average (DMA). It is not coincidence that the … Read more