09 September 2013

SP 500 and NDX Futures Daily Charts - What Taper, What War?

Stocks were on a tear today as the market shook off concerns about the Fed taper which could be coming at their meeting later this month, and the simmering military strike on Syria.

Stocks are getting a bit stretched on the chart. Some important news on the economic front comes out later this week, but the news from the Mideast will likely outweigh anything else.