A Frog's 2 cents

Alchemist

I think maybe this news is the major reason under these days' market: "The Fed will also be making its final purchase of Treasury securities late Thursday morning, as it unwinds part of its quantitative easing program, and there is a major auction of $31 billion in 7-year Treasury notes at 1 p.m."

That is, The Fed will stop printing money, which it has been doing to boost the market.

Now " V-shaped" recovery is priced in, and everybody is anxiously waiting for Q3's GDP; if it is disappointing, even if not so rosy, there will probably be another round of big sell off.

palm

busywind

totally agree