Let the Mergers Begin!!!

• The biggest news for the day was the Fed Funds Rate increasing .25% and Fed Chairman Powell's speech about the state of the economy. The rate increase was expected and the market traded like it through out the day. Most things were up, dropped at 2pm when it was announced, went up during his speech and dropped hard for the last half hour of the day. Based on this reaction, I would expect the market to drop a little more on Thursday and turn around mid day
• Boeing dropped sharply more on news that an airline was considering dropping their airplane order. This should not be a big deal as they have a long list of customers waiting for new planes. I would expect to see Boeing move up for the rest of the week as it was over sold.
• Tesla was up and down for the day and back up again. After the market close it
  
  was announced that Elon Musk is going to buy more shares. He is already the largest shareholder and he will own around a third of Tesla. I would expect to see shares jump on Thursday on this news.
• The banks were down in the day and were the first to spike when the interest rate was announced at 2pm. They were also the first to fall in the last hour of trading. I would expect to see them lead the way in the next couple of days.
• Home Depot was down sharply at open and fell below 200. When ever this happens it should be bought with Call Options. It still ended the day down, but still above 200. Home Depot typically has great Thursday afternoons and Fridays. 
• SunRun was up again breaking through the 14 mark. Its PE ratio is low and has more run to move up under the sun. lol
• H&R Block was a great buy if you got it at $24 or less. They moved up to 24.70 during the day which was good movement for this stock that typically has little movement. Like Macy's and L Brands, this was a great buy based on earnings, dividends as the depressed forecasted earnings drove it down yesterday afternoon. I would expect to see it back to the 30 range when a couple of analyst upgrade it in the next couple of weeks. I would not purchased Call options on it unless they were 2 months out. Given the low volatility, they could be purchased at a great price.