Of course, the devil will be in the details, and the wording of the statement could lead to a ruckus in the market should the Fed be less than clear… again.

Yes, folks, the language in this afternoon’s official statement will be overly prodded, poked and dissected to determine what may come next, and unfortunately, as so often is the case lately, a jumpy Wall Street could very well fail to read between the lines and comprehend what Yellen and the other “Fed heads” are really communicating.

Ahead of that event, we are staying pat with the Tematica Investing Select List… for now. We’ll let the dust settle, and then decide what moves we want to make.

In today’s issue (a comparably short one to last week’s MONSTER 18-pager!) we recap favorable data points that add credence to our decisions to scale into several thematic positions last week. Later this week, we get more data points to watch in the form August Existing Home Sales and quarterly earnings from Finish Line (FINL), and so we dig into those a bit and dissect what we’ll be looking for.
You can click below to download the full report.