Explosive Market Move Ahead!

Earnings and interest rates drive the market and today we are going to get a heavy dose of news on both fronts.

PRE-OPEN MARKET COMMENTS FED-DAY - The market has been trapped in a range for the last couple of months and it has been waiting for a catalyst. During market hours we will hear from the Fed. They are expected to pause and the market wants to hear that a rate cut is likely in March. Anything less will be a disappointment. Based on Fed Fund Futures contracts, the odds of that happening are 45%. After the close today META, MSFT and TSLA report earnings. Combined they represent 11% of the market capitalization for the S&P 500. Tomorrow, AAPL reports so you can add another 7% to that total. Tomorrow we will also get our first look at Q4 GDP. That will also have a significant impact. 

Daily Bulletin Continues...