Ted Weisberg

Barring any unforeseen negative news, geopolitical, economic, political, perhaps we'll end up today the way we ended up yesterday - which was at or near highs for popular averages.

The Fed is the 800-pound gorilla, but it's an 800-pound gorilla that's been pushed back in its cage, and it's not going anywhere, i would have to think that the bias will continue to be on the positive side for the market.

This event pretty much ensures that unless something dramatic changes, interest rates in this country are going nowhere for the foreseeable future, and that is at the end of the day a positive scenario for the stock market.

People have been spoiled, you had spring of 2009 to the end of 2014. The rising tide floated a lot of ships, but that rising tide was driven by Fed monetary policy.