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US stock -- reverse -- some of the losses in early trading today.
Ball Liu was light and -- Dow hovered near that -- 15100 lot driving this tepid trading -- treasury yields an expectations that the Federal Reserve.
We'll begin to scale back -- economic stimulus next month.
What I -- really cautioned investors about right now you don't market scenario worries me more than any.
What if the Fed what -- the Bank of Japan what does the ECB says we're gonna continue to buy loads and loads of bombs and the market.
Still goes down that is happening right now I think bonds are in serious.
Serious jeopardy if he still money in stocks or -- -- on the blank.
I think the next logical stop if you look at sort of the classic support resistance levels is 14760.
On the -- now.
That having that said I'm expecting relatively flat trading this week until traders figure out what the Fed is or isn't gonna do that is absolutely key however some money managers see a healthy market despite the recent -- -- We see that all rolled the market is actually on the right track in terms of valuations we might be over extended in a short time.
But a medium to long term it certainly in the right place.
And with no major economic news investors are looking ahead to the release of the latest guidance from the Fed out Wednesday and the Kansas City Federal Reserve's annual retreat in Jackson Hole Wyoming.
At the end of the week.
For more log on the foxbusiness.com.
In New York I'm -- counts.
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