Wait and see...

So we're trading in that 20-30 point up or down range that we usually do before a Fed meeting as traders are in a "wait and see" mode. While most believe we'll get something in the form of stimulus (even if it's just "Operation Twist") later, I'm not sure if it will be enough . It's all about growth again today with the high-betas handily beating the overall market with Apple (AAPL), Hansen Natural (HANS) and Chipotle Mexican Grill (CMG) all showing nice gains. Gold is falling but may turn around mid-day if more stimulus is announced so it's something to keep your eye on. 2PM is when the magic happens so keep your fingers crossed.  

This is not a recommendation to buy or sell any securities. DAK was long AAPL and HANS at time of publication but positions can change at anytime.