Friday, August 26, 2016

Janet Yellen speaks and THE MARKET REACTS WITH MAJOR BREAKOUT

*****GOOD NEWS from JANET YELLEN*****

Janet Yellen Fed-speak STRENGTHENS EQUITIES

RECENT INSTABILITY and UNCERTAINTY on WALL STREET is now DIMINISHING:

THERE WAS THE USUAL VIOLENT CHOPPY TRADING FOR A BRIEF MOMENT as Janet Yellen made her announcement BUT NO VOLATILITY.   If you listen to CNBC, Bloomberg, and other financial coverage of this the explanations of this market condition and Fed-speak is still being analyzed by all the professional pundits  with still some elements of uncertainty.  Some say that the truth of underlying market conditions is really not being properly addressed and still others are confident that the FED has the tools necessary to maintain economic and financial progress with their dual mandate of maximum employment and price stability. 

From the looks of WALL STREET now it looks like the journey to new record highs continues:
http://seekingalpha.com/news/3205600-markets-bounce-around-yellen-speech-gold-shoots-higher

The markets will now roar higher and higher as the FEDERAL RESERVE has prevailed against all of this negativity from the market-collapse gainsayers.  This is incredible news and will result in some real progress for America as Donald Trump prepares to take the White House:


 



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