The Federal Reserve notes caused a bunch of consternation.
What a joke. CNBC was creating a frenzy……..for ratings. People were selling and shorting like crazy. If you think the Fed is going to raise interest rates, I have a bridge to sell you. I am not prepared to fight the Fed.
Even Cramer was telling his peeps to stay in the market. The market today is up 100 pts as I write this. But ……the volume is low and it is still possible we could see a pullback. You simply have to continue watching the technicals and patterns.
Long term the market is up……..barring some disaster. Buying dividend payers at good prices is the right approach.