Here’s a tip on how to profit from the markets’ obsession with the Fed’s meeting this week. Just wait 30 minutes after the Fed’s interest-rate announcement — scheduled for Wednesday at 2 p.m. Eastern — and bet that the stock market will reverse however it reacted in those first 30 minutes. The reason this is a bet worth considering: Regardless of what the Fed’s interest-rate setting committee does or says this week, we know that it will have virtually no real-world consequence. So the markets’ initial response will be a knee-jerk reaction based on hype rather than facts, and almost certainly will get corrected. Let ... (full story)