The more people who wake up and turn on the TV the better the market will get. Remember the lunch time..WELL OFF THE LOWS"
not to get too OT; but july will be a bit less sensitive than june...maybe i'm missing what you are trying to point out?
I believe even though the economic data says hike rates, the Federal Reserve will adjust there language tomorrow to sooth the markets due to Greece, they may say that a hike this year is not warranted. But after the meeting the Greek problem will be solved.
Handing out free money in our risk free market, how many times have we been down here and every time it heads right back up.
I can hear the Federal Reserve right now. We must calm the markets, the risk is to great to mention hiking rates in 2015, we must make clear no rate hike till 2016. All in favor say I, all opposed say no...The I's have it, staff member reword this statement.
One thing is clear, they won't be raising rates drastically, as market clearly isn't pricing in the prospect of it happening.