2:00 PM has come and gone. Not only was that the deadline for me to turn in this article but it was when the Fed finally released the decision on interest rates, which was then followed by a press conference with Chairman Powell. Will this be the catalyst that finally breaks us out of a […]

For the past few weeks, stocks have been range bound as investors try to decide how the economy is faring and what the Fed will do under various circumstances. This has created a trend-less market, in which, neither bulls or bears can gain any momentum. It’s an environment, which I warned about in this article […]

As I mentioned earlier in the week we are in something of a waiting game mode as markets remain range bound ahead of next week’s FOMC meeting.  Of course that doesn’t mean that stock’s aren’t moving within this wide range; in fact this morning the S&P 500 Index dropped 2% in about 90 seconds following […]

Yesterday, I discussed how we are in something like that of a “Bizarro World”, in which bad news was treated as good news and vice versa. This was backed by the notion that weak economic data, such as a drop in the Purchasing Managers Index (PMI), would be a sign the Fed could stop raising […]

Traders are always waiting for something; a piece of economic data, an earnings report, an FDA decision, an election, or as is the case this week, the upcoming Federal Open Market Committee meeting in which Chairman Powell will reveal the Fed’s decision on interest rates scheduled for next Wednesday. There are a couple of dangers […]