Tuesday, September 21, 2010

Markets break out as expected on the FOMC - QQQQ's are very strong

*FOMC HOLDS FED FUNDS RATE TARGET AT 0.25% (AS EXPECTED); REITERATES RATE TO STAY LOW FOR EXTENDED PERIOD
- Vote: 8-1 (Hoenig remains dissenter)
- Discount rate unchanged at 0.75%
more... (related SPY SHY EUR/USD TLT GLD XHB XLF INFLX RTH USD/JPY )

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