MasterCard Incorporated (NYSE:MA) is flat on the day after continuing to trade in a range between $215.00 and $195.00. The stock has been stuck in this range for well over a month now. It is trading just under the $215.00....
Tomorrow the Federal Reserve Bank is expected to make an announcement on the condition of the economy and the fed funds rate(overnight lending rate to the large major banks). Often many traders and investors will trade very lightly until that decision is made by the Federal Reserve Bank.
