The Long and the Short: Top trading tips, powered by TradeStation. On Opening Bell, Facebook reportedly aims to spend a "few billion dollars" on streaming sports, New York Attorney General calls for delay on net neutrality vote, and Nissan plans March test for robo-taxis in Japan. We're joined by Rare Media's Rare America, Democratic Coalition Against Trump, Curiosity, Popular Science, and more.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.