Perception Is Not Always Reality – The Markets are Higher Because…

Larry Summers took his name off the list of potential candidates to lead the FED.  As an outspoken critic of quantitative easing, the markets were “thrilled he would not be in charge of taking away their ‘fix’ too quickly” – seriously?  Some would rather hang their rally hat on the weekend agreement between the U.S. and Russia in ridding Syria of its chemical weapons.  Reality on the other hand would say both of these reasons are emotional and not fundamental.  Why, because both were not reasons the market was heading lower prior to the news hitting the wires.  So if the threat of war has been somewhat removed and the threat of rising interest rates have not been removed wouldn’t reality eventually run over perception?    Hasn’t the FED already made that decision on rates via stating their intent to cut back on purchases?  The bottom line is the markets did surge higher on Monday and shorts were squeezed hard.  Trading opportunities were available today, the NA

http://www.indicatorwarehouse.com/96565/perception-is-not-always-reality-the-markets-are-higher-because/