How does the market respond to FED rate hikes?

To fight recessions or combat an overheating economy, the FED lowers or raises its rates; respectively. You can see all the FEDs fund rate changes here. On December 16, 2008 the FED lowered its rate to <0.25%. Yes, rates did change a bit from month to month (between +0.07 and +0.20%), but they were effectively zero…

S&P500 update: Keep It Simple Stupid

Over the past few weeks I featured the below weekly chart of the S&P500 to my premium members as it is so elegantly simple, aka KISS (Keep It Simple Stupid). One really doesn’t need to know “Elliot Wave” (albeit the wave-labels are shown according to where I prefer to  see where the market is) to…

S&P 500 update: The market has spoken.

Over the past few weeks I kept you abreast on the different possibilities the market had. See here and here. Some of you “complained” those were “too many options”, but I don’t make those options, the market does, and any Elliot Wave practitioner worth his/her salt will report on the market’s options because EWT is…