The Watchman Letter: The Fed's Jerome Powell saves the Stock Market with his Dovish Talk.

in #money5 years ago (edited)

The Fed created panic buying today. The Dow closed at up 617 Points, NASDAQ 208 points and the S&P 500 61 points.
A good day for Day Traders. But before we get to excited, here is a reality check chart.

The Smart Money is massively selling their positions.

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