The Market On Wednesday

  Good morning. It is 28 degrees and overcast here in Upstate NY. The 'heat wave' continues as the temperature is expected to go up into the 40s later today. Check this out - A Startlingly Simple Theory About the Missing Malaysia Airlines Jet

  At 8:45 a.m. ET futures are slightly higher and the price of oil per barrel is down. The market is poised to open in the flat area.

  Investors are focusing their attention on the Fed. A Fed policy meeting wraps up today and investors will be intently and I do mean intently looking to hear what Yellen has to say about the tapering off of Q.E. Q.E. has been the everything in the market over the past few years and the post q.e. world is on the near horizon.

CNN: Stocks: Refocusing on the Fed

The Fed's Open Market Committee concludes its two-day policy meeting Wednesday afternoon...