To gain an edge, this is what you need to know now.

Smart Money Sells

Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).

Note the following:

  • Atlanta Fed President Bostic spoke at 9am ET, and St. Louis Fed President Bullard spoke at 9:30am ET.  Both of their speeches were in line with their prior speeches that we shared with you in previous Capsules.
  • In the Morning Capsule, we shared with you that investors were misinterpreting the latest economic data and buying stocks.