Morning Look-Fed Day


Futures are showing green all over the place as Asia and Europe bounce nicely. U.K. unemployment hit a 4.5 year low .Hard commodities are a bit higher and softs are mixed.

Now the conversation goes from Bernanke’s legacy to Yellen’s future.  Unemployment went from 4.8% to 7.0% since 2006.  It feels like $SPX mid 1790’s to me  today.

Looks like China is banning Bitcoin and Russia may release Pussy Riot. Goofy Communists.

Housing starts and building permits are out this morning and the Fed decision is at 2PM.

What do you guys think? Taper or know taper today?  Hit me on the comments.

Long $Z $ZHNE $NFLX $BMRN $ARWR $ADEP and other assorted stocks.

The bulls are snorting.

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Have a great day.

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