Traders,

The final Fed meeting of the year has arrived. A warning of increased volatility is usually warranted but not this time because volatility is already here! It doesn’t get much crazier than Tuesday’s monster-up gap and whack, so if you handled that okay, you’re probably fine heading into today’s event.

Inflation pressures have eased, so there’s little reason to expect the Fed not to reduce the pace of their rate hikes. Indeed, the odds heavily favor only a 50 basis point hike. Looking out to the next meeting in February shows the market now pricing in a 56% chance of a 25 basis point hike. It will be interesting to see how this changes after Jerome Powell’s press conference.

With the S&P 500 in an uptrend and above all major moving averages heading into the event, the easiest outcome to play is bullish. Thus, that’s the one I’m positioned for.

Video Of The Day: Queen’s Court – Would You Rather $GILD or $JNJ

On today’s Queen’s Court, coaches Emily, Matt and Coach Holmes play a game of Would You Rather on $GILD and $JNJ

Chart of the Day: Market Expectations for February Fed Meeting

Watch to see how today’s Fed announcement changes expectations for February’s meeting.

Today’s line up

Traders Lounge 11 AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

The Coaches Show Replay

If you missed last night’s episode where Coaches Tyler Craig and Greg Holmes discussed Cheap Naked Puts or would like to watch it again, check it out here.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only Matt and Tim can deliver.

Trade Masters 7:00 PM EST

Every Wednesday at 7 PM EST join us on the Trade Masters where two Coaches go head-to-head to see who can find the best trading setup.

Trading Justice 506: Choosing Quality Stocks for 2023

In this episode of the Trading Justice podcast, Mark and Matt are joined by Coach Greg Holmes to talk about choosing fundamentally quality stocks for 2023.

Listen to this episode in the player below.

Financial freedom is a journey

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

Legal Disclaimer

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.