“There is no greater gift you can give or receive than to honor your calling. It’s why you were born. And how you become most truly alive.” – Oprah Winfrey

The Fed raised rates as expected Wednesday by 0.25% and said they will likely do it 3 times in 2017 but time will tell.

If markets continue to hold and move higher as they have been then we will see 3 rate hikes in 2017; if markets don’t remain strong, we won’t.

Stocks continues to act great after a brief dip on the actual rate hike news, but that was just a quick chance to buy a few positions on the cheap, as we did.

Gold and silver are taking it on the chin hard but gold is very near the $1,120 support level, and usually, moves on Fed news only lasts 2 or 3 days so let’s see shortly if the metals can find some footing.

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SPY looks to be building a small wedge which means higher is next and I see no reason in the action anywhere that this will no be the case.

The Santa rally is strong this year.