Stifel U.S. Equity Research Caption and Federal Reserve

Fed: He pointed out that since the onset of the bull market in March 2009, the S&P 500 has tracked Federal Reserve assets . By comparing the weekly S&P 500 price to the Fed weekly asset holdings, we see a tight plus or minus 2 standard deviations range, which points to 1,900 downside and 2,200 upside for the S&P 500 so long as Fed assets remain flat at around $4.50 trillion, according to Market Watch. Stifel U.S. Equity Research Caption outside of wrapper for normal article images All three stock indexes closed higher at the end of a week that included a 1,000-point plunge in the Dow Jones Industrial Average on Monday. I think we saw the bottom with roughly 1,900 S&P 500 support, given the way in which Fed policy support has been both the limit and backstop of stocks for years, and China has not been devaluing since midweek, said Barry Bannister, chief equity strategist at Stifel U.S. Equity Research. The Dow DJIA, -0.07% posted a 1.1% weekly gain to 16,642.94 while the S&P 500 SPX, +0.06% added 0.9% during the week to 1,988.85 and the Nasdaq Composite COMP, +0.32% rose 2.6% to 4,828.32. I think investors would be wise to prepare for more volatility. Still, even as the market regains its footing, volatility is here to stay. (news.financializer.com). As reported in the news.