STTG Market Recap August 22, 2014

The recent switch back to bull market mode continues as we are working off overbought conditions but via a pullback but sideways action. No comments out of either Janet Yellen of the Federal Reserve nor Mario Draghi of the European Central Bank moved the market much at all, and at the end of the day we had a 0.20% drop in the S&P 500 and a 0.14% advance in the NASDAQ. Right now it…

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