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RE: Mannarino's BIG RANT: Why Today's Pan Market, Pan Asset, Sell Off Will Push Stocks Higher!
I believe the Stock Market, and all other financial instruments sold off today on the news, that Congress voted on releasing the FISA memo. Plunge protection was activated by the Treasury Dept., to save the day. Tomorrow, or as early as after tonight's State Of The Union address, the markets will again surge upward! The markets always sell off on BIG news, before rebounding. Tonight, the POTUS, will talk about all the positive things that are going on, with respects to the economy. He will infuse even more confidence into the American people and American entrepreneurs.
I don't believe he will speak about the FISA Memo tonight, but when it's released to the public, the markets will tank again, at least for the short term.