Make Money Trading The News

At SlingShot Trader we help subscribers make large, quick profits trading the news. Not every news story is worthy of a trade. In fact, very few are. But with our proprietary screening mechanism — the SlingShot Profit Screen — we cut through the noise to find the high-velocity trades that will put money in your pocket. LEARN MORE ›

Latest Webinar: December 17, 2014

Topics discussed: The latest FOMC announcement released by the Fed, our ongoing trades and what we are looking for in the near future for new positions. Watch It Now ›

John Jagerson
Editor, SlingShot Trader

Wade Hansen
Editor, SlingShot Trader

Weekly Update: Dec 17, 2014

The Fed released its economic projections and interest rate statement today. Although expectations are still set for an interest rate increase in 2015, the Fed kept the phrase “considerable time” in its statement, which indicates that a hike won’t take place until the end of the year.

It also added the word “patient” to the statement, which is probably a communication to the market that it is targeting the fourth quarter of 2015 at the earliest. If this sounds like reading tea leaves… it is. The Fed isn’t bound by these statements, and they do change over time. However, the market is up big, and it’s probably because the “patient” and “considerable time” statements are particularly dovish.

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Today’s Market

NASD 4765.38 16.98 0.36%
S&P 500 2070.65 9.42 0.46%
VIX 16.49 -0.32 -1.9%

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