Buyyyyyyyyyyyyyyyyy anyone who things the market will close down today is going to be in for a big surprise.....it may turn negative intra day, bit it won't close negative......Just watch. The fed will panic over Greece and throw out a 2015 hike in this statement.
Market is up 35 points now after the announcement. I still believe market will be down big today. Don't forget Greece.
Fed will increase the rate twice this year. The first one cannot be December. It should be September or never.
So far it has been risk on. IWM>SPY But at least GDX is up. You could be right, but to me it is about risk-reward. You sold covered calls on your inverse levered, so no problem.
Market went up after FED as a sign of "Did you see I was right and there was no rate hike?" That is not a good reason for market going up. Valuations, Greece and .... do not justify the market to go up.