U.S. Stocks Rise, Markets Wait for Fed Decision

Learn Forex Stocks : U.S. stocks surged on Wednesday, with the Dow reaching new highs and the S & P 500 continued rally to the highest level of all time, as investors turned their attention from concerns over Cyprus and looked forward to the Federal Reserve policy meeting, which ends today.

"The stock is an attractive alternative to fixed income and for this condition is still the same (plus the U.S. economy), and for now we will be in a cycle buy on dips in the market as compared to sell on rallies," said Dan Veru, of Palisade CIO Capital Management.

"I do not think rationally to change everything, the economy may be better, but it was not fast enough and the recovery is still slow," said Veru. "He also said that I have never tried to trading at the approach of the Fed's statement because the people excessive usually analyze and digest each and every intonation that is no word when it tells us that the economy is improving the company's profits also improved. "