Pre-FOMC

  Averages The averages’ gains fit right in with the typical FOMC Drift the day of the meeting. The one average that catches my eye is Dow Transports. I explained why earlier this week. SP-500 +0.25%, Dow 0% (Transports -2.1%), NASDAQ-100 +0.65%, Small Caps +0.5% The Dow-20 Index  is just shy of testing its 200-day sitting…