Stocks Struggle For Footing, Apple Sprints Higher

Today we begin the final week of what has been a very interesting September in the market. September is traditionally a somewhat negative month for the market, but the “no taper” decision helped the market break out to new highs on Wednesday. Futures were quiet over the weekend, so after giving back Wednesday’s gains on Friday the market is left to figure out what the implications of the latest Fed action are.

The market started to show weakness this Summer when taper talk started, with many forecasting September as the most likely month for the FOMC to trim its QE pace of purchase. August turned out to be the weak month, and in fact the market rallied in September to trade near highs leading up to the announcement.

http://www.forbes.com/sites/greatspeculations/2013/09/23/stocks-struggle-for-footing-apple-sprints-higher/