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Stewart, MN | Last three days have been a little light in terms of FED Permanent Open Market Operations POMO ( <2billion/day) Let's see if this turd market (DOW S&P Nas) can fluff the covers starting about 10:30 ET despite AAPL going to the woodshed. Will be interesting. Also curious to see what/if anything happens on 1/30 as it's one of the few days in Jan. that the QEinfin $85b/mo. plan isn't buying in Jan. If earnings turn more southerly through the latter announcements perhaps the money will start to chase other assets, perhaps commodities?
http://www.newyorkfed.org/markets/tot_operation_schedule.html | |
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Fed POMO Schedule: Let's see what happens on 1/24 vs 1/30
