BY ANDREW GIOVINAZZI
September 16th, 2025
It’d be nice to have a crystal ball for what the Fed plans to do next. Unfortunately, I don’t get advance notice from them—unlike Mark, who seems to have a direct line.
Markets hit an all-time high last week, only to stall after Oracle Inc. (Ticker: ORCL) crushed earnings expectations. Meanwhile, Tesla Inc. (Ticker: TSLA) is mounting a strong comeback now that Elon Musk has wrapped up his brief political detour—realized it was a mess—and returned to doing what he does best: running Tesla and changing the world in ways Congress only dreams of. Frankly, I wish 95% of lawmakers would follow his example and step aside.
But forget Congress.
The one person who can actually move markets—and shape the future—has a major announcement coming tomorrow.
Trading will be very thin tomorrow going into the FOMC
Back when I was a floor trader, we barely paid attention to the Fed. Rate decisions were telegraphed well in advance, and surprises were rare—maybe one or two in nearly 17 years on the floor. But everything changed after 2008.
What hasn’t changed is how Market Makers behave ahead of major events. When something big was on the horizon, I’d make sure every order came to me. If you’re one of my subscriber traders, don’t be surprised if your fills take longer tomorrow. That’s not by accident—it’s because Market Makers want every ounce of edge they can get when uncertainty is high.
Here’s how I see it playing out: I think JPow cuts by 0.25% and lays out some sort of roadmap for future rate moves. That should create a solid floor for the market—and then the traders take over. I’m expecting a 10-point rally in SPDR S&P 500 (Ticker: SPY) by week’s end.
Time to flirt with $670.
That’s how I’m trading it.
To Your Trading Success,
AG