Monday started the day weak and finished weaker after staying in a small range throughout the day. Volume for equities was very light and lackluster, while futures held their own and put in narrow range days across the broader markets. A day with all eyes on the FOMC announcement due out Tuesday at 2:15. While this isnt the only event this week, it is the one that is holding up the show for us now. Once the announcement is released well see the market move and that is the moment we want to wait for. A 25 basis point ease is expected, but that i[...]
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[Source: The Money Blogs]
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