Myopic Market Mania

The market is myopic this week and for good reason. Despite the usual busy week of economic reports and the corporate news that will surface, this week is all about the Federal Open Market Committee (FOMC) monetary policy statement release. One key word could dictate a significant one-day move, and also dictate direction for the rest of 2015. See my full stock market report here.

Market Sector Security	YTD
SPDR S&P 500 (NYSE: SPY)	+0.1%
SPDR Dow Jones (NYSE: DIA)	+0.2%
PowerShares QQQ (Nasdaq: QQQ)	+2.3%
iShares Russell 2000 (NYSE: IWM)	+3.1%
Vanguard Total Stock Market (NYSE: VTI)	+0.9%
SPDR Gold Trust (NYSE: GLD)	-2.8%
PIMCO Total Return (NYSE: BOND)	+1.7%
United States Oil (NYSE: USO)	-15.5%

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