Pre-FOMC meeting

The FOMC will announce the next round of interest rate at 2:15pm EST. The market is expecting a 0.5% rate cut. If the FOMC announced a 0.25% rate cut or below, the market is likely to go another round of downward slide. If the FOMC announced a 0.5% rate cut, the market will scrutinise the languauge used and decide how to move. If the FOMC announced a 0.75% rate cut - all hell will break loose (so to speak). The market might rally but be cautious as the market might realised later that the economy might be worse than it seems (then the market dips).

I'm looking for the right opportunity (perhaps today) to short the following stocks:

• JPM
• MER
• RYL
• CTX

LEH will announce its earnings results on Thursday, 13 Dec (Before market open).

- PersianCat04 (Millionaire-in-progress)