Back To Our Regular Programming

OK, Fed day is over, and for the next two weeks they get to pretend they are Monetary hawks.  Of course they will not raise rates in December, or ever.  But that is beside the point for trading in the moment.

As I said yesterday, stronger dollar, means stronger money flows into the country, and cheaper commodities.  The money flows will overwhelm the new risk models for buying equities for now, and stocks and bonds will remain bid.  Commodities on the other hand are in trouble.

For today, I expect an inside day and will look for one or two ES trades (watching the 64 High volume area) and trade NADEX two hour expiration s.

GLD, VXX and GDX are on my sell signal again, and am neutral on SPY, IBB, AAPL, and IWM Will post out any changes to that.