Fed Watch Week Begins & Apple Soars

As w e head into two days of Fed meetings to decide the fate of interest rates the Nasdaq toyed with the 4000 level and the Dow rally. It appears that most investors believe the Fed won't raise interest rates this month, but instead take a wait and see posture until their August 22nd meeting. Nevertheless, the sidelines of the market are packed with buyers waiting for a thumbs up. Wow, Apple traded nicely higher, up almost 5%

Check It Out: Fed Watch Week Begins & Apple Soars