Trader Chat January 29 – Business Insider

Steven Perlberg Jan. 29, 2014, 7:21 AM1,133 Email More Share on Tumblr Scott Olson/Getty Images Dave Lutz, head of ETF trading and strategy at Stifel Nicolaus, passes along what he’s “chattering about as I await the Beard” — the bewhiskered Ben Bernanke’s final FOMC meeting. Good Morning! Much of the overnight enthusiasm is wearing off as EU/US traders’ man their desks. We had a Wall at 1800 in the e-minis pre-market, and it’s hard to image a break above prior to the FOMC announcement at 2pm today. Right now E-Minis are off slightly, while Nasdaq is slightly higher as AAPL tries to recover from yesterday. Focus on Turkey, where the Lira has given up a chunk of it’s gains, but remains near 2week highs against the …

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Much of the overnight enthusiasm is wearing off as EU/US traders' man their desks. We had a Wall at 1800 in the e-minis pre-market, and it's hard to image a break above prior to the FOMC announcement at 2pm today.

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Trader Chat January 29 – Business Insider

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