Saturday, October 27, 2007

To cut 25 basis points or 50 basis points?

On Wednesday of this week, the Fed will either cut the rate of Fed Funds or not.

It is expected that they will cut the rate either 25 basis points or 50 points.

This might send certain stocks that are sensitive to lower interest rates (borrowing cost) in an upward trend.

There is other news coming out this week also. That news can be found here....
http://www.forexfactory.com/calendar.php

Keep in mind, as oil closes in on $100 per barrel, higher oil cost might cause the market to take a hit. Currency valuations are also proving very influential.

Check this site out for Fed Fund probability.

http://www.fedfundsprobability.com/

Options to take a look at Monday morning are JOYG calls, and possibly UHS calls.

Good Fortune!

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