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Wednesday, June 14, 2017

Rate Hike Today - Fed Will Make Dovish Comments - Market Will Advance


One Option Trading Blog http://ift.tt/2s0OLwI Posted 9:30 AM ET - Yesterday the market staged an impressive rally and it closed at a new all-time high. Tech stocks rebounded and they look strong this morning. The Fed will hike rates later today and investors are prepared. Economic growth is moderating and that should come through in the FOMC statement. The Fed will soften the blow with dovish rhetoric and the market will like it. In a couple of months they will start to ratchet up the tone and we can expect another hike this year (December). The market has a tendency to decline ahead of the FOMC …

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