The Dow Jones Industrial Average (DJI) was up more than 190 points at its intraday peak, but pared its gains in afternoon action.

We got off to an incredible start to the day, but the major indices sold off quickly after rumors surfaced that the Fed will likely signal a QE tapering at this week's meeting,

Nevertheless, most major sectors finished in the green, as we remain in a volatile trading range for the time being.

Isn’t it incredible that the Fed has so much control of the direction of the Stock market. Their original mandate back in the ‘40s was to manage the money supply and interest-rates.

Bringing The Pieces Together