Just a Matter of Time
The action is very mixed as we await the FOMC's interest rate decision. We aren't seeing much volatility, as most of the positioning for the news has already been done.
Breadth is just about even with steel, chips, bios and oil leading, while retail, pharmaceuticals and precious metals lag. The weakness in gold and silver is leading some traders to believe that the Fed isn't going to announce any major QE program today, but the overall market seems more optimistic....123 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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