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Rally. Even if we dont know what the fededel reserve is going to say tomorrow. Thats how the dow could gain 156 points today. Nasdaq climbing. 87 and held back by apple there. Despite the fact thahawere headed into the most monumental fed meeting in nine years. When going to start the course of rate hikes that could be either gradual or superior. Conclude that they know something thats been lurking out there. And it means complacent and theres trouble brewing and if we get a rate hike when i imagine we could see continuation in todays rally. Speaking of todays rally what made us feel like the ...

Next year, maybe less. If anything it probably will be less because if the economy weakens theyll stop. In other words, instead of the old days when we could expect the rates to go higher the fed is going to be common sense and see if it does any damage to a pretty good okay not great, not bad economy. But obviously not as terrible as when they slash rates down to the old level back in the middle of the well, near the end of the Great Recession. The fed is saying things arent perfect but theyre better than when they knock rates down to next to nothing in order to save the economy. In fact, i t...

Profile week ahead of us and fed agree to keep rates low this paftd week lets go to the calendar. Monday we get results from bluest of blue chips, visa and estee lauder. We know this market is giving you some bizarre buying opportunities likes the selling with starbucks last night. If my conviction about this quarter has only gone up since master card resulted master results earlier this week while American Express once again gave a hideous number earlier this month. Estee lauder doesnt strike me as a company is that will screw up again. We also have ism American Manufacturing going into reces...

156 points today. Nasdaq climbing. 87 and held back by apple there. Despite the fact that were headed into the most monumental fed meeting in nine years. When going to start the course of rate hikes that could be either gradual or superior. Conclude that they know something thats been lurking out there. And it means complacent and theres trouble brewing and if we get a rate hike when i imagine we could see continuation in todays rally. Speaking of todays rally what made us feel like the world wasnt ending . What concerns were eased in the last 24 hours . Lets take some down. First the junk bon...

Jpmorgan issued upbeat results. By the close, the Dow Jones Industrial average rose 227 points to 16,379. It had been up more than 300 at one point. The nasdaq gained 88, the s p 500 reclaimed the 19 hubz level rising 31. Bob pisani now with more on todays comeback and why investors shouldnt breathe easy yet. The joke has been wall street is selling stocks to play the lottery. Now that the lottery is over, the markets rallied. First jpmorgan had a strong Earnings Report preopen. Futures did rise. Second, oil staged a sharp rally right after stocks opened. Finally and perhaps most importantly s...