Tuesday, February 09, 2016

Interesting Stat.

Federal Reserve Chairwoman Janet Yellen will give congressional testimony tomorrow.  CNBC just reported that it has been 55 days since Yellen last spoke.  In that time {which also included the Federal Reserve's first interest rate hike} the Dow Jones has lost 1,700 points.

Wow!

*Long ETFs related to the Dow Jones Industrial Average in certain client accounts as a legacy position.