[oldbrowser]

The news is saying the markets are reacting positively to the good news but the truth is that the markets are reacting positively because the news is bad and that means that the Fed may have to stimulate the market once more and that is short term positive for the stocks.

[GnL]

Bingo. The market doesn’t react to anything anymore except the machinations of the Fed. Will they ease or won’t they.
That’s all traders look at anymore. Stock trading volumes are way down and are dominated by frontrunning HFT computers trying to anticipate what the Fed will do next. It’s a huge joke. Except the joke is on us.