POMO Visual

• You've all heard of POMO, the Federal Reserves Permanent Open Market Operations, recently.
• Above is a great graphic which demonstrates the correlation between POMO days and stock market performance over the past two months.
• Correlation or causation is the question?  Can't prove causation but...
• It sure looks as if the government has bought themselves a stock market rally.
• What do you think?
• Artificial market.  How do you invest in what may turn out to be a mirage?
• 'Nuff said....Good luck!