Here we go, I believe the fed will hike rates next week. However I believe it will be a one and wait and this will be taken very positively for the market. This one and done idea is more important than the hike hike it self. Watch old Janet talk about it here below:
If the fed hikes i believe we are in for a good bull run. If they don't hike that will show they are still nervous about the economy and I believe stocks will fall.
Currently I'm short SPX500 but I am looking to cover that Friday/monday and then I am getting long.
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