Day Trading – The Bullz And Bearz
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Fed Day – Will They Keep Rates Low?
November 4th, 2009
Another Fed Day is here and the big question is ‘Will they keep rates low?’ I personally say YES. But who knows what the comments will be on where and when they might raise rates. I mean let’s get real here everyone, the FED has to raise rates at some point in the future and it’s only a matter of time. But, since they likely will not today, the Dollar is falling, Energy is rallying and therefore Stock should have a good day. Here is what I see on the S&P 500…
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| NASDAQ | 2905.66 | ||||
| S&P 500 | 1344.90 | ||||
| ^TNX | 1.95 | ||||
| ^XAU | 200.34 | ||||
| ^XOI | 1295.01 | ||||
| GLD | 167.64 | ||||
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| SDS | 16.76 | ||||
| IWM | 82.95 | ||||
| USO | 37.59 | ||||
| GDX | 56.44 | ||||
| FAZ | 25.93 | ||||
| UUP | 22.03 | ||||
| EDZ | 12.38 | ||||
| TBT | 19.25 |
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November 4th, 2009 at 12:38 PM
[...] Once again I was right on in my early morning target for the markets today. See the pervious post here. [...]