By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Taper Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark for the stock market index (SPX). Note the following: The chart shows the release of the FOMC statement. Momo had been running up stocks in advance in hopes that there would not be any taper this time. Momo got its wish, no taper this time. The most critical part of Powell’s press conference is that he said it would not take a knock-out, super strong employment report

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Picking The Pockets Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows market makers selling. In the Morning Capsule, we shared with you that today was quadruple witching. Less informed mom and pop in the momo crowd, oblivious to the quad witching, have been aggressively buying call options that expire today. This is the crowd that believes ‘stonks always go up. ‘ This crowd doesn’t buy stocks but buys mostly options because in their enthusiasm