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Market dips on comments from Fed minutes and comments from House Speaker Paul Ryan on tax reform.

#msg-129360654 ~> SPX ribbons are tightened up
#msg-119564624 ~> Euro $XEU $USD GOLD SPX TNX WTIC
#msg-107751180 ~> GOLD and oil drop/US dollar
#msg-31476367 ~> Crude Gold Silver Dollar
#msg-108768373 ~> 9-1 ratio and Mid Pre-election/post-crash observation


Paul Ryan said Senate, Congress and the white house are not on the same page and an major tax reform will not come any time soon.

Signals from the Federal Reserve that it could change its bond investment policy this year
The minutes also showed "some participants viewed equity prices as quite high relative to standard valuation measures."

After the recent failure of the Republicans' healthcare legislation reform bill some investors had hoped this would bring President Donald Trump's tax-cutting promise closer to reality.

"It seems like it was a combination of hawkish Fed minutes, disappointment about the pace of tax reform and a pullback in crude prices" that reversed the rally, according to Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin, Texas.


http://www.reuters.com/article/us-usa-stocks-idUSKBN1771FG







Market reaction today at 2pm after the comments from Ryan and Fed's notes



#msg-60307461 ~> Energy/Solar
#msg-93541516 ~> Big Movement Plays
#msg-83251138 ~> new quarter ER kick off
#msg-92567633 ~> Gov Shutdown & Obamacare Markets Debut

#msg-26699498 Solar
#msg-79580300 market Breaking Out after QE3
#msg-76035371 Oil
#msg-60214727 Transportation
#msg-75944633 SPY
#msg-62267696 Chips
#msg-26344120 Fertizer
#msg-74448327 Sell in May
#msg-76160375 3 Technical Warnings for Stocks
#msg-79400375 Homes and Cars
#msg-29104762 $XEU/Gold $WTIC
#msg-75988136 $USD $XEU
#msg-34438804 $USD $XEU
#msg-89137407 Bank
#msg-89138583 Bio-Tech
#msg-89146783 3x natural gas play

Fed Announcement Fed about policy statement on stimulus this afternoon, watch for big swing!

#msg-91723734 Fed Beige Book
#msg-92567633 Gov Shutdown & Obamacare Markets Debut
#msg-56517366 Sliding Market - Technical Perspective
!

http://stockcharts.com/freecharts/gallery.html?YGE

Real Estate: URE SRS APSA BAM IRS LOOP HGSH SFUN SYSW WD WPC OHI
http://stockcharts.com/freecharts/candleglance.html?URE,SRS,APSA,BAM,IRS,LOOP,HGSH,SFUN,SYSW,WD,WPC,OHI
#msg-21046292
#msg-28644595 URE - Ultra Real Estate ProShares
#msg-36644869 SRS - UltraShort Real Estate ProShares
#msg-21046292 BZH DHI KBH URE - Home Builder
#msg-23397823 LVS,WYNN,MGM,HET - Casinos –
http://stockcharts.com/charts/candleglance.php?LVS,WYNN,MGM,HET|D|A8,17,9