Tuesday’s unused 2:00 tape already ran. Tuesday’s unused 4:00 close already ran. This is Wednesday’s unused 2:00. It is not a close.
Yahoo Finance, Wednesday 2:00 p.m. ET: Dow Jones 52,503.13, up 125.56 from Tuesday’s 52,377.57, +0.24%. S&P 500 7,739.29, up 16.69, +0.22%. Nasdaq Composite 26,493.42, up 15.61, +0.06%. Russell 2000 2,822.36 at 1:45 p.m. ET, up 3.49, +0.12%. Cash is open. This is not a close. 4:00 p.m. ET is still the grade. Do not smash an E-mini into this Dow. Do not smash 52,503 at 2:00 into Tuesday’s unused close 52,377.57. Do not smash 52,503 into Tuesday 2:00’s unused 52,361.33.
Yahoo Finance, Wednesday 2:00 p.m. ET: Bitcoin $80,820.98. That is not Tuesday 2:00’s unused $80,397.84 and not Tuesday 6:00’s unused $80,759.45. WTI futures (CL=F) $102.79 at 1:50 p.m. ET. Brent futures (BZ=F) $111.63 at 1:50. Those are futures. They are not a Wednesday oil settle we invent. 10-year (^TNX) 5.022% at 1:45. Federal Reserve, Wednesday 2:00 p.m. EDT: the FOMC voted 10–2 to maintain the funds target at 3-3/4 to 4 percent. That is a hold. That is not a hike. That is not 12–0. Voting against: Lisa D. Cook and Beth M. Hammack, who preferred to raise the range 1/4 percentage point. Statement: “Inflation remains elevated.” “The Committee will deliver price stability.” “Economic activity is expanding at a strong pace.” Chair Kevin Warsh. The press conference is later. We will not invent Warsh’s remarks. September already filed the unused 12–0 hike to this same range. We will not reprint 12–0 as today’s vote.
What this means for you
If you hold an index, the last grade is still Tuesday’s 52,378 until 4:00. If you wanted this afternoon’s unused tape, it is Dow 52,503 at 2:00, not a close, and a 10–2 hold, not a hike. Not investment advice.
Bottom line: Dow 52,503 at 2:00. Not a close. Fed holds 3.75–4%, 10–2. Not 12–0. BTC $80,821 at 2:00. Not Tuesday’s 52,378 close.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
