As expected, buy programs came in late morning to rescue the stock market from massive selling ahead of this weekend major central banks meeting in Jackson Hole.
Fed Chair person Janet Yellen is expected to make a speech on Friday, and it could move the market.. Selling pressure is beginning to get more intense as we approach the end of August as the topping process nears the end.
For Friday, look for any selling to be met with massive buying by central banks in order to keep the stock market elevated.
