Don’s Notebook May 2, 2018


Market observers are waiting for today’s FOMC Meeting Announcement. Attention should be on the outlook for inflation, which recently hit its 2 percent target.

  • Federal Reserve policy makers are expected to keep rates unchanged when they announce the latest monetary decision at 2 p.m. Eastern Time today.
  • There will be additional statements, there is no press conference scheduled for today.

Tesla Inc. to see if it can silence the critics regarding its rate of cash burn.

  • Reports are hinting the company will miss the consensus estimate of an adjusted loss per share of $3.42 when it reports after the bell.

There will be interest for bond traders in today’s announcement from the Treasury Department of the quarterly refunding plan following the record first-quarter issuance.

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Dr. Don Pratl is Director of Trader Development and Education for TradeStation. He joined TradeStation in 2016 after holding similar roles with other online brokerages. Don’s long career in the financial services industry reflects expertise in administering trading and investment strategy programs for retail investors as well as financial services professionals. Since the 1980s, he has held various positions in areas including CBOE trading floor order execution, marketing, sales, personnel management, training and customer service. Don holds series 3, 4, 7 and 63 FINRA licenses, earned his Ph.D. in Organization and Management, and his M.A. and B.A. in Political Science. He has been an occasional adjunct college instructor since 2004 at a range of institutions, teaching undergraduate, graduate and doctoral students using in-class and online formats.