What a difference a day makes in the market - Following the Fed the market reacted strongly to the upside with the Dow Jones industrial average up 156.86 points, (1.28 %), at 12,444.96. The Standard & Poor's 500 Index up 23.67 points, (1.68 %) at 1,434.61, The NASDAQ Composite Index up 47.71 points, (1.98 %) at 2,455.92.
Our site sometimes sees a trend before it happens and felt some of the pain in the market prior to the big drop in the Dow and then saw things gain momentum online before todays reaction .
Retail investor activity tells an interesting story if you listen.
The biggest thing we see, like the market, is how global and reactive the markets have become and investors think more short term than long term based on input from data. We think the smart investors think long term and wait out the short term volatility and market scares we have just felt to see better days like - today !