draft minutes for the arc february 21,, march 21 hearings as well as the regular hearing from may 2,018. i have no speaker cards. >> commissioner, any comment on the draft minutes? >> does any member of the public wish to comment on the draft minutes of february 21arc, march 21arc, or may 2hpc? seeing and hearing none, we will close public comment. do i have a motion to adopt the amendments? >> yes, i so move. >> second. >> thank you, commissioners, on that motion to adopt the minutes for february 21 and march 21arc and the may 2 regular hearing of on that motion, commissioner black. >> yes. >> a commissioner johns. >> commissioner johnck. awe question question. >> commissioner matsuda. >> yes. >> commissioner hyland. >> commissioner wolfram. that passes unanimously 6-0. and that places us on item five, commission comments and questions. >> seeing no comments or questions, we can move on. >> a very good. we will take up the matter of continuance and we will take up item nine as there is a request from the public for under the regular calendar. there is no consent calendar. so we will

i think right now, as we arced, i argued the last two times i was really on your show since februarynce the employment report covering january came out, would i argue that traders are in control of the market. it is about trendlines, moving averages, all those sorts of things and right now we're stuck in a range really. the 200 day moving average comes in at 2610, 15, something like that in the s&p 500. there is a big trend line coming off the january 26th record lie that comes in at about 2685. so we're right about in the middle of that range right now. i would still argue traders are running this market. clearly with this employment number coming out this friday, that's something that could move the market. we continue to have, you know, a lot of earnings news coming out but i still think the macrofactors running this is what is the fed going to do? are we going to have wage pressure, cost pressure, general inflation? you know those are the things that will really determine what the market is going to do over the course of the next 12 months, i feel. i have to focus on priorities.