Reminder FOMC rate decision @ 2:15pm est Today expect volatile action more inside

Published: Wed, 08/01/12

Tomorrow money markets will be looking for positive comment out of the EBB and the next few days will have to play out. Overall feel there is a better chance of upside then down, but the short term action will be more volatile. Slowly looking to take advantage of any short term pull back looking to get more BRK.b , start a position in COF and watching XOM for a breakout. keeping a smaller focus list going forward PAY, BRK.B, ICE, COF, WFC, DG, PLCE, CATM to name a few other will be sent as they continue to set up

Friday Jobs report will also come into focus after tomorrow that will be released @ 8:30 am est Friday