The Fed meets today and the market is looking for a rate cut. The raging debate is how much of a cut will the Fed offer; 1/4 point or 1/2 point.
The $24,000 question is, how will the market react to whatever the Fed does? We don't know and neither does anyone else.
Stocks are set up with a bullish posture. Yesterday no one took a chance as volume was extremely low. Today there will surely be volatility, but we won't really know what the market thinks about the Fed decision for at least another day or two as the market needs time to hash it out.
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