Janet Yellen did it. Goldman Sachs was correct. We have liftoff!
After the comforting Fed interest rate announcement by the Federal Open Market Committee that it will raise interest rates by 1/4 point for the first time in seven years, the S&P 500 finished trading up a strong 29.66 points.
In a statement today, the FOMC...
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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