Correction: Fed's Rate Decision is Today (1/27) at 2 PM ET

[WorkFE]

uh, not.

 

[Lakebound]

I hope you are right....and that markets go higher. I am entering a bit and plan to stay in for a week or so depending on what happens on the charts. If MACD crosses above its signal line today that would mean that both the Slow Stochastic and MACD are in sync going upward and to me that is a good sign of upward momentum. But will see... anything can happen. :smile:

If you look at the jump in the market since 11:30 EST, something tells me that someone knows something and it's not going to be bad. :smile:

Buckle up me hearties, I think we shall see some gains again today (fingers crossed).

Frank

 

[DreamboatAnnie]

Since no one truly knows what the FED will say or do (my guess is that they want to keep the market under stable pillars while the economy shows more strength and this deflationary period stablizes)...there is risk in selling or buying...staying put though...you are either safe or in the market and have your shares still if the market goes down. The only real concrete I know..the market is basing here...volatility with back and forth teetering is what I would expect. I find no comfort in this market environment except to say we have had a good market correction...guess we will see if the market wants to go higher or still looking for a bottom. If you want to know deep down what I sense from past experience and present day sentiment...the market is ready to go higher.

I hope you are right....and that markets go higher. I am entering a bit and plan to stay in for a week or so depending on what happens on the charts. If MACD crosses above its signal line today that would mean that both the Slow Stochastic and MACD are in sync going upward and to me that is a good sign of upward momentum. But will see... anything can happen. :smile:

 

[DreamboatAnnie]

Correction to today's Market Commentary...

The FOMC interest decision is today (Wed.) at 2:00 PM ET.

I had mistakenly mentioned it would be on Thursday in today's commentary.

Funny you say that because I thought I heard the same thing from another source. But then I heard someone say that Janet would not speak but there would be a narrative on decisions made today. hummm..... ?????

 

[felixthecat]

Since no one truly knows what the FED will say or do (my guess is that they want to keep the market under stable pillars while the economy shows more strength and this deflationary period stablizes)...there is risk in selling or buying...staying put though...you are either safe or in the market and have your shares still if the market goes down. The only real concrete I know..the market is basing here...volatility with back and forth teetering is what I would expect. I find no comfort in this market environment except to say we have had a good market correction...guess we will see if the market wants to go higher or still looking for a bottom. If you want to know deep down what I sense from past experience and present day sentiment...the market is ready to go higher.

 

[daze823]

Hmm, do I sell the news before I get to hear it, tis the question.

 

[tsptalk]

Correction to today's Market Commentary...

The FOMC interest decision is today (Wed.) at 2:00 PM ET.

I had mistakenly mentioned it would be on Thursday in today's commentary.