The Week Ahead: Is This the Next Taper Stopper?

The stock market stabilized late last week but the damage was done by mid-week as the technical deterioration had given advance warning of the market's decline. Last Monday's feeble reaction to the powerful gains on the jobs report was disappointing and short-term sell signals were generated. The financial media is attributing the stock market decline to the growing consensus that the Fed may announce changes in their bond buying program at the conclusion of this week's FOMC meeting. Thus, the d...