Weekly Market Recap & Stock Update - 10/4/2015

A review of the market & momo stocks: AAPL FB AMZN NFLX GOOGL TWTR TSLA IBB TLT UUP DX_F.

Watch The Dollar!

The FOMC decided not to hike rate in its last meeting and the US dollar should start to come down. Although there are talks of possible rate hike by the end of the year, those talks will likely vanish after the Q3 earnings come out next month and showed how the strong dollar has negatively impacted corporate earnings. If there are any hints of possible spending cut and/or reduction-in-force (RIF or layoff) from reporting companies, that will further dismiss any thought on the possibility of a rate hike in 2015.