.......................No Fed Credit Today?

The Fed didn't spike the index fund trader punch today, to put it mildly. Sometimes ahead of Fed meetings (FOMC tomorrow) they don't provide credit, maybe because they're busy? It looks like they'll provide NO credit today, see http://www.newyorkfed.org/markets/omo/dmm/temp.cfm?SHOWMORE=TRUE. So, index fund traders probably won't provide much help to gold/silver stocks today, since Fed Credit has been below average recently, despite the punch spiking that occurred on Thursday and Friday. The S & P 500 (SPX) is the index to watch as it drives index fund trading. ....... http://www.JoeFRocks.com/

SPX Fed credit