Tuesday, November 01, 2005

High Octane Trading (HOT) Radio 11-01-05

As expected, the Fed raised interest rates for the 12th consecutive time, pushing the Fed Funds rate to 4% - quadrupling it from the historic lows of 1%. More importantly, they maintained their "measured pace" language all but ensuring another rate hike at their meeting in December. Stevie Wallstreet helps you make sense of it all in today's edition of Market Vibe, plus he takes a gander at the charts of: GOOG, DNA, VPHM, VRTX, OIH, MOT, BCSI, YHOO, EBAY, RHAT, and BCSI.