ETF Prophet

Markup comparison of the December versus October Federal Open Market Committee/ FOMC statements below: Release Date: October 24December 12, 2012 For immediate release Information received since the Federal Open Market Committee met in SeptemberOctober suggests that economic activity hasand employment have continued to expand at a moderate pace in recent months.  Growth in employment has [...]

Markup comparison of the October versus September Federal Open Market Committee/ FOMC statements below: Release Date: September 13October 24, 2012 For immediate release Information received since the Federal Open Market Committee met in AugustSeptember suggests that economic activity has continued to expand at a moderate pace in recent months.  Growth in employment has been slow, [...]

Markup comparison of the September versus August Federal Open Market Committee/ FOMC statements below: Release Date: August 1September 13, 2012 For immediate release Information received since the Federal Open Market Committee met in JuneAugust suggests that economic activity decelerated somewhat over the first half of this year.has continued to expand at a moderate pace in [...]

Blue-lined markup comparison of the August versus June Federal Open Market Committee/ FOMC statements below: Economic Activity Has Slowed Inflation Has Decelerated Will Provide Stimulus as Needed, According to Data Single Hawkish Dissent Don’t forget the first reaction is often a fade, but price can move quickly. Also see past Fed-Day reactions on this site, [...]

Blue-lined markup comparison of the June versus April Federal Open Market Committee/ FOMC statements below: Labor Slowing/ Spending Improved/ Housing Depressed Inflation Contained Over Medium-Term Continued Accommodative Stance Low Rates Expected to Late 2014 Future “Twist” Operations Detailed Global Strains Elevated Single Hawkish Dissent Don’t forget the first reaction is often a fade, but price [...]

Blue-lined markup comparison of the April versus March Federal Open Market Committee/ FOMC statements below: Labor & Spending Improving/ Housing Depressed Inflation Increased Continued Accommodative Stance Low Rates Expected to Late 2014 No Specific Mention of “QE3″ Global Strains Remain Single Hawkish Dissent Don’t forget the first reaction is often a fade, but price can [...]

Blue-lined markup comparison of the March versus January Federal Open Market Committee/ FOMC statements below: Labor & Spending Improving Inflation Stable despite Crude Oil Continued Accommodative Stance Low Rates Expected to Late 2014 No Specific Mention of “QE3″ One Dissent Don’t forget the first reaction is often a fade, but price can move quickly. Also [...]

Blue-lined markup comparison of the January versus December Federal Open Market Committee statements below. Slowing Growth Inflation Subdued Continued Accommodative Stance Low Rates Expected to Late 2014 One Dissent Don’t forget the first reaction is often a fade, but price can move quickly. Also see past Fed-Day reactions on this site, and prior statement markups [...]

First, happy birthday Ben…. No change. Blue-lined markup comparison of the December versus November Federal Open Market Committee statements below. US Economic Expansion in spite of Global Slowing Some Household Spending Advances Fixed Business Spending Relatively Slow Housing Remains Depressed Jobs Weak but Improving Global Risks Remain Inflation Stable Don’t forget the first reaction is [...]

Blue-lined markup comparison of the September versus November Federal Open Market Committee statements below. Economic Strengthening Consumer Spending Picking Up Housing Weak Jobs Weak Global Risks Remain Inflation Moderated One Dissent Looking for More Accommodation Don’t forget the first reaction is often a fade, but price can move quickly. Also see past Fed-Day reactions on [...]

Blue-lined markup comparison of the August versus September Federal Open Market Committee statements below. Don’t forget the first reaction is often a fade, but price can move quickly. Also see past Fed-Day reactions on this site, and prior statement markups here. [Click Graphic Below to Enlarge]

Blue-lined markup comparison of the July versus August Federal Open Market Committee statements below. Economics Considerably Slower Than Expected Will Consider Easy Money from Rate Standpoint Through 2013 Longer-Term Inflation Remains Stable Three Dissenting Votes Don’t forget the first reaction is often a fade. Also see past Fed-Day reactions on this site, and prior statement [...]

[Click twice to expand graphic]

I can only chuckle at major media outlets playing up the “break in declines” this week with what, volatility not seen in several month’s time and the S&P 500 (SPY) up a whole +0.1%?  Define L.O.L.  In fact, the NASDAQ 100 (QQQ) broke its 200-day moving average, finishing the week down another -1.3% for a [...]

Blue-lined markup comparison of the April versus March Federal Open Market Committee statements below. Interestingly, there was no change indicated whatsoever, save a possible nuanced downgrade of the economic outlook. Also see past Fed-Day reactions on this site, and prior statement markups here. [Click Graphic Below to Enlarge]

Blue-lined markup comparison of the March versus January Federal Open Market Committee statements below. Also see past Fed-Day reactions on this site, and prior statement markups here. [Click Graphic Below to Enlarge]

Blue-lined markup comparison of the December versus November Federal Open Market Committee statements below. Also see past Fed-Day reactions on this site, and prior statement markups here. Not much in the way of textual, let alone policy changes…

Blue-lined markup comparison of the November versus September Federal Open Market Committee statements below. Also see past Fed-Day reactions on this site, and prior statement markups here. Paragraph three specifies the $600B Q.E. II: