You Don't Look a Day Over 95 $SPY $QQQ $IWM $DIA

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Identical Twins Marjorie Gilbert and Winifred Witt from South Wales, both celebrate their 100^th birthday today. They have been inseparable all their lives even while they were married and still to this day, live together.

Who else celebrates its 100^th birthday? The Federal Reserve. Created in the wake of the financial panics of the early 20^th century, President Woodrow Wilson signed the Federal Reserve Act creating the US Central bank. Tomorrow is Ben Bernanke’s last Fed announcement before he retires. My guess is he’s probably not joining Marjorie and Winifred in their nursing home anytime soon.

What else happened today? A homeowner in South Hampton, NY-an exclusive beach and resort area, offered to take Bitcoin for his house priced at $799,000.

What’s the connection? I could draw parallels between the threat of an alternative currency taking hold with the now super-power the Fed has become. Or the irony of loyalty between twins who clearly have each other to keep them going versus us who hope the Fed remains our loyal friend. But really, take these headlines more as a sign that the market has frozen in time til tomorrow and I had lots of time on my hands.

S&P 500 (SPY) Retreated from the 10 DMA. Looking heavy but anything can happen

Russell 2000 (IWM) Inside day above the fast moving average. Still watching 111.55

Dow (DIA) Inside day and right on the fast moving average

Nasdaq (QQQ) Above today’s high has a fighting chance. Otherwise, like everything-vulnerable in the FED aftermath

XLF (Financials) 21.04 or bust

SMH (Semiconductors) Tried for 41.50 but closed shy of it

XRT (Retail) Doesn’t look that good-the 50 DMA is right there for the taking

IYR (Real Estate) Closed green but not enough to say “bottom”

GLD Range 122-118

USO (US Oil Fund) 34.50 important support with 35.25 resistance to clear

OIH (Oil Services) One day wonder

XLE (Energy) Warning and still in warning

XOP (Oil and Gas Exploration) Perhaps over 66.20 gets interesting

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