Still Waiting On The Fed
“I find that the harder I work, the more luck I seem to have.” – Thomas Jefferson
More resting action today as we continue to wait for the Fed to likely do nothing Wednesday afternoon, after-which stocks should move nicely higher.
Leading stocks are acting good with markets setting up for higher so things are mostly good but I did notice some stocks showing some weakness today but many of those were the “dogs” a they say so I’m not worried yet.
Time will tell, or I should say, the Fed will tell tomorrow.
(Click on image to enlarge)
SPY is holding between the 202.60 and 200 area well and it’s set to continue higher after the Fed news.
I bought some GOOGL today so I’m starting to fill up with positions.