Welcome to Central Banker week, everyone. This is one of the big ones, with both our own Fed and Japan both having big announcements. I suspect in both cases there will be a long-winded, “nothing”, but that doesn’t mean the entire world won’t be on the edge of its collective seat.
As for this early morning, as I type this both the ES and NQ are up double digits, and the only news I can really see that’s happened since the market closed is multiple terrorist bombs in New York and New Jersey (the first of which was apparently planted by a Afghan-born terrorist and injured 29 citizens). So in our insane world, once again multiple acts of terrorism seem to be just peachy as far as the bulls are concerned.
