Market Update: 2/16/2017

Written February 16, 2017 by
Jack Bouroudjian
Chief Economist

Jack discusses the FED Chair Yellen’s remarks on Capital Hill along with the effects of Friday’s expiration.¬† It seems the February Expiration is bringing a strong upward bias in stocks¬†as professionals, looking for a near term top, have been covering shorts into all time highs.