Tag: Central Banks
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Stimulus saves the day, for now
Investor’s Business Daily (IBD) set the market status as a Correction on January 4, 2016; that lasted for about three weeks until Tuesday’s weak follow-through day, when they felt the market was back in an Uptrend. But then on Wednesday, IBD downgraded the situation to Uptrend Under Pressure, only to upgrade it again on Friday.…