Stock Market Outlook entering the Week of August 28th = Uptrend
US stock indexes were down slightly last week, which is a bit concerning as trading volume also rose as stocks declined. Prices reacted positively to Yellen’s statement about a strengthened case for a rate hike, and negatively to Fischer’s statement that a strengthened case meant two rate hikes this year.
More after the jump…Stock Market Outlook – Week of August 28th