Tuesday, October 27, 2015

FOMC meeting on 10-28-15

There is an FOMC announcement due out tomorrow at 2 pm... the market is most likely going to move after the event. It will be interesting to see in what direction it moves, after the last two events the market moved higher. Both today and yesterday the SPY has been stalling,undecided, it will likely make a decisive move after the meeting minutes are out.

SPY is holding its 200 DMA so far today.  AAPL earnings after close today.