 Good morning everybody I'm Tommy O'Brien coming to you live from TFN headquarters in St. Petersburg, Florida 10 a.m. Eastern Time on Wednesday 30 minutes into the trading day and it's Fed Day. We get a decision at 2 p.m. Eastern Time a cut basically priced into this market we'll pull up the probability in a moment about 97% chance the market giving that we get a 25 basis point cut at 2 p.m. press conference with Chairman Powell at 2.30 p.m. we'll see what the outlook is that's going to determine a lot right now we got markets trading a little bit lower off the opening bell right now S&P is negative by four points trading at 3,031 Dow Jones negative by about nine points trading 27,063 Nasdaq negative by 12 points trading at 8264 Gold contract catching a little bit of a bid up $4 at 1495 notes and bonds ahead of that Fed decision a little bit of higher price and lower yield the 10 year up four ticks 12912 the 30 year up 15 ticks at 15905 and the dollar index barely positive up 19 ticks at 97709 we'll start things off we're going to start it off with the probabilities as I mentioned the rate right now 1.7 to 2 the odds of a cut at the meeting today 2 p.m. 97.1% all but assured we'll see if that happens keeping with the theme of rates 10 year yield there is your yield 1.812 a little bit of a pullback right now on this morning action we were as high as 81.85 currently sitting 1.812 jumping over the indices we'll start things off with the Dow there's your negative action on the opening bell currently trading 27,007 Nasdaq 100 a little bit of a sell-off as well it's about 30 Nasdaq 100 points currently trading at 8046 there's your S&Ps trading down about seven or eight points from the opening bell currently at 3031 crude oil we get inventory numbers at 1030 a half hour from right now we'll be on the air live for that $55.22 there's your gold contract 14.94 other news out there as we wrap up the update private payrolls coming in at 125,004 October beating the estimate of 100,000 but a revision in September down by 42,000 what else we got how about GE earnings as we finish this up GE coming out with their numbers GE so far this morning GE trading up almost 10% we'll be right back folks