[1]It has been over 4 months since The Fed ended QE3, and something odd has happened... Stocks have stopped going up. The world's largest stock index by market capitalization has, thanks to today's weakness, given up all of the gains since Janet wrenched the punch-bowl away...
Post-QE3 Gains gone...
[3]
Indicating the dreaded "Hooters" pattern...
[4]
And Nasdaq 5,000 is a distant memory (for now)...
[5]
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10969
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/03/20150306_qe3.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/03/20150306_qe31.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/03/20150306_nas.jpg
