SP 500 and NDX Futures Daily Charts - JPM Front Runs the Fed

JPM chose to front run the Fed's stress test announcement scheduled for tomorrow, and dropped their own announcement, along with a rich stock buyback and a dividend increase, into a quiet market this afternoon.

The Fed heard their master's voice, and changed their plans to release the results after the close today. Bernanke has repeatedly shown he is incapable of independent judgement as a