The main focus for the week will be the FED decision tomorrow. Nobody could predict what will be the outcome for the FED rate decision. Shall we bet on the rate cut tomorrow? However, I believe whatever the outcome is, it will not really determine the market direction.
What is the thing that investor's don't like most? Uncertainty, it makes all investors to stay aside and wait until the direction clear.
The BIG question for now is whether US economy can avoid a recession. Initial estimate of 4Q GDP (Wednesday) and jobless rate report (Friday) will provide us a hint to this question.
Let see how Dow performs tonight. HUAT ARH!!!!!!!!!!
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