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  1. The calm before the Fed

    Neither the bulls nor the bears were willing to trade with any conviction yesterday as it was a quiet day in front of the two-day FOMC meeting which starts today. The indices were mixed with the Dow dipping 22-points, while the S&P 500, Nasdaq, and small cap posted small to modest gains. The Transportation stocks were down.

S&P 500 (C Fund)
DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)
EFA (I Fund)
iShares MSCI EAFE Index (EFA)
AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)