Sunday, September 14, 2014

Mirror Mirror on the Wall

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Despite what may seem like some volatile trade from day to day, the Nasdaq has remained in a very tight range for the past three weeks.  There appears to be no catalyst to allow the bears to push this market down for any significant duration.

With a zero interest rate policy in the U.S, and a negative interest rate policy in Europe, it is no wonder money continues to find its way into real estate and stocks (scoreboard).

Until a significant change in central bank policy occurs, stocks still live as the fairest in the land.