Today the Fed announced a reduction of MBS and Treasury purchases of $10 billion, from $85 billion to $75 billion a month.
Usually when the Fed has announced things are still weak and that purchases will continue as planned, the market has rallied strongly. Same with announcements of new asset purchases.
Today the Fed announced the opposite, intending to scale back purchases, and the market rallied huge.
If you are looking for stupid pills at Walgreens, they're all out. Anyway that's what my broker said.