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Rap Sheet

Author:

Jester Debunker

Subject:

Off Topic

Date:

12/16/15 at 10:35 AM CST

 

 

READ: 3

RPLY: 0

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Sentiment:

Neutral

Fed meeting, so stocks must rise

It's a given that stocks must rise while the Fed is meeting. I think there was a study recently showing something like 80% of all stock gains in the last decade or so have been during Fed meetings. Yesterday's stats of how it was accomplished are quite shocking though. The S&P500 was up 1%, however the advance decline ratio was only 25.8%.  Going back to 1965, tracking 6,702 days where the S&P closed up, yesterday was the 3rd worst advance decline ratio in 50 years.

zerohedge.com/ne...-rally

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