WEEKLY MARKET DIGEST: FED CHICKENS OUT, WHAT IS NEXT? $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) FED CHICKENS OUT, WHAT IS NEXT? September 18, 2015 Our call in yesterday’s Morning Capsule has turned out to be spot on. The big money is positioned for the Fed to either not raise rates or raise rates accompanied by an extremely dovish statement. If big money turns out to be right, expect a mild rally. The big money will likely sell into the rally potentially causing a sell-off. After the Fed chickened out and did not