THE CLOSE

Markets got a little jig in the final thirty minutes and closed well off the lows as it appeared that someone knows something that got them bullish.

Tomorrow is FED day and the anticipation of a 50 BPS cut is baked in the cake. My guess, yes a 50 point cut and probably higher stock prices (turn around Tuesday).

Still looking for an end of year rally in the last two weeks as low volume up days probably will be the recipe.