ET
Energy Transfer LP Common Units representing limited partner interests
stock NYSE

**📊 Key U.S. Economic Data (ET)**
**8:30 AM** | Philly Fed Manufacturing Index | Forecast: 31.3 | Previous: 47.4
**8:30 AM** | Unemployment Claims | Forecast: 207K | Previous: 206K
⚠️ For informational purposes only. Not financial advice.
📌 #PhillyFed #Manufacturing #UnemploymentClaims

SPY about to eat today’s loss and it’s not even 8pm ET yet lol

A big green candle doesn't tell you what the shares are actually worth in bankruptcy.
Stock Pulse mobile app flagged SNYR at $0.1903 at 7:05 AM ET. It spent hours below that price before reaching $0.64 at 1:11 PM — roughly +236% from the alert. A huge move, but definitely not a straight ride up.
Then, at 4:51 PM, an 8-K disclosed that Nasdaq trading is due to be suspended at the September 18 open. Synergy had already filed Chapter 11 on September 4 and says it doesn't intend to appeal the delisting decision.
That filing came after the rally, not before it. The trading opportunity and the question of whether common shareholders recover anything are two completely different things.
September 16 delisting filing: https://www.stocktitan.net/sec-filings/SNYR/8-k-synergy-chc-corp-reports-material-event-61acfd520f77.html

https://preview.redd.it/44xls1v8gxph1.png?width=931&format=png&auto=webp&s=0eccffb12f103b935c1a397caabd69079dd524b4

Fed just hiked 25 bp to 3.75% to 4.00%, first hike since July 2023. What it means for SPAC trusts, arbs and deSPACs (mod thread)Quick one from the mod team since a lot of people are going to ask.
**What happened today (Sep 16)**
* FOMC raised the fed funds target range 25 bp to 3.75% to 4.00%. Vote was 12-0.
* First hike since July 2023. The 2024 to 2025 cutting cycle is officially done.
* Statement language: "Economic activity is expanding at a solid pace," "inflation remains elevated," and the hike "will support a timelier return to the Committee's 2 percent goal."
* Dot plot: median has one more hike in 2026 and another in 2027. 2% PCE now pushed out to 2029.
* This is Warsh's first hike as Chair. Presser was 2:30 ET.
* Market shrugged: S&P +0.3%, Nasdaq +0.7%, 10-yr eased to about 4.97%, 2-yr about 4.63%. It was priced in.
**Why it matters here**
1. **Trust yields go up.** Trusts sit in T-bills and money market funds, so the per-share accrual ticks higher. If you're holding a pre-deal SPAC at or under trust, your carry just got a little better. Check the trust balance in the next 10-Q, not the IPO number.
2. **Redemption floor gets stickier.** Higher risk-free means a higher bar for any deal to clear. Every deSPAC vote is now competing against roughly 4% guaranteed in the trust. Expect redemptions to stay heavy on anything without real institutional support.
3. **Arb math.** Yield-to-liquidation on pre-deal SPACs moves with T-bills. Names trading at a discount to trust plus accrued interest are a little more interesting. Names trading above trust with no deal have less cushion.
4. **PIPEs and non-redemption agreements cost more.** Sponsors fund deals with capital that just got pricier. Watch for more structured PIPEs, converts, and forward purchase agreements instead of plain common.
5. **DeSPAC valuations.** Long-duration, pre-revenue stories get hit hardest when the discount rate rises. Profitable, cash-generating targets hold up better. Nothing new, but the direction changed today.
6. **Extensions.** Sponsors will keep extending, but "waiting for a better window" just got more expensive for everyone. More liquidations likely on the 2024 vintage that hasn't found a target.
**What I'm watching**
* The Nov and Dec meetings. If the dots hold, one more 25 bp before year end.
* Whether new SPAC IPO filings slow down. The last two years were built on falling rates.
* Trust-per-share updates in the Q3 10-Qs.
Not financial advice. Post your trust yields and redemption thoughts below. Keep it civil, no pumping tickers.
**Sources**
* Fed statement: [https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm](https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm)
* CNBC, Fed rate decision September 2026: [https://www.cnbc.com/2026/09/16/fed-rate-decision-september-2026.html](https://www.cnbc.com/2026/09/16/fed-rate-decision-september-2026.html)
* CNBC live blog, Warsh presser: [https://www.cnbc.com/2026/09/16/fed-meeting-today-live-updates.html](https://www.cnbc.com/2026/09/16/fed-meeting-today-live-updates.html)
* Yahoo Finance live, first hike in 3 years: [https://finance.yahoo.com/economy/policy/live/federal-reserve-meeting-live-updates-chairman-kevin-warsh-143452661.html](https://finance.yahoo.com/economy/policy/live/federal-reserve-meeting-live-updates-chairman-kevin-warsh-143452661.html)
* Kiplinger live commentary: [https://www.kiplinger.com/investing/live/fed-meeting-updates-and-commentary-september-2026](https://www.kiplinger.com/investing/live/fed-meeting-updates-and-commentary-september-2026)
* CNBC, 10-yr yield below 5% ahead of decision: [https://www.cnbc.com/2026/09/16/treasury-yield-bond-market-fed-decision.html](https://www.cnbc.com/2026/09/16/treasury-yield-bond-market-fed-decision.html)

FOMC Press Conference with Chair Warsh 2:30 PM ET - [WATCH LIVE](https://www.youtube.com/watch?v=yPYZpwSpKmA)

PAMP ET

Fed rate decision at 2PM ET today. Expect volatility across the market as the announcement hits. Fed Chair Kevin Warsh’s press conference follows at 2:30 PM ET..

Thank you for taking the time to reach out to us about this.
We work hard to keep the Fidelity Investments mobile app up to date, so our clients can stay current with the latest trends and technology. While these updates typically do not change the biometric settings in the app, we have seen other reports of this on the sub. Some of our other community members have had success with the following troubleshooting steps:
1. Please make sure that your device and app are using the current versions (Biometric features can be impacted when the app isn't entirely up to date, and beta versions of your phone's operating system can sometimes cause issues)
2. Try toggling off your Face ID in the app, relaunching the app, and then turning Face ID back on
3. As a final step, uninstall and then reinstall the app to ensure a complete refresh
If the issue persists after trying these steps, please connect with our Technical Support team for further troubleshooting. Associates are available Monday through Friday from 8:30 a.m. - 9:00 p.m. ET. When prompted, say "technical support" to connect with the right team.
[Contact Us](https://www.fidelity.com/customer-service/contact-us)
For now, I'll pass this along to the appropriate channels as a potential bug report. Please don't hesitate to let us know if you have any other questions. We're always here to help.

Hey, appreciate you checking in about your situation. I caught that you were talking about this fund yesterday, so please note that some non-Fidelity mutual funds may not be eligible to place an order through electronic channels on the settlement date.
In these cases, it can take an additional business day to be able to place your trade online, or a representative can assist you with placing the order today if you'd prefer. They can also discuss applicable investment minimums if you still have lingering questions on this topic before deciding to selll. As u/FidelityMikeS shared, you can get in touch with our BrokerageLink team by phone Monday through Friday, from 8:30 a.m. to 8:00 p.m. ET, but let us know if we can help with anything further here on Reddit.
[Contact Us](https://www.fidelity.com/customer-service/contact-us)

This day has finally arrived! Fed Time!

Let's take a look at some Big Picture Set-Ups to see if we can arrive at a directional reaction to whatever the Warsh Fed does and says between 2 PM and 3:30 PM ET today:

Weekly 10-Year YIELD argues for upside continuation -- not necessarily immediately -- to 5.25%-5.50% before pivoting to the downside into a major correction. If that proves to be the case, then will upside continuation from 5% to 5.25% result from Warsh failing to hike enough, or from Warsh choosing to pause for a while longer, enabling more time for the Oil shock to "burn itself out."

The technical setup exhibited by my Weekly YIELD Chart does NOT suggest to me that nearby Crude Oil is in any position to reverse. Maybe the upward trajectory stalls or pulls back to 90-92 support, but, in any case, Crude Oil points to a minimum of 110, an optimal upside target zone of 125 to 128, and an outlier target zone of 180-200.

If the technical setup of the Oil market is calling the shots for the economic and financial landscape, then YIELD won't stop rising at 5% regardless of what the Fed does and says today.

PAMP.ET

We currently offer extended hours trading in the pre-market from 7:00 a.m. to 9:28 a.m. ET and after-hours trading from 4:00 p.m. to 8:00 p.m. ET. To place extended hours trades, you'll simply need to toggle on the "Extended Hours" toggle when creating a trade in the trade ticket. Keep in mind that this toggle is shown on the trade ticket during applicable hours.

I amma sit out until 2pm ET today.

Why can’t FOMC be like at 10am ET?

2PM ET

**📊 Key U.S. Economic Data (ET)**
**8:30 AM** | Philly Fed Manufacturing Index | Forecast: 31.3 | Previous: 47.4
**8:30 AM** | Unemployment Claims | Forecast: 207K | Previous: 206K
⚠️ For informational purposes only. Not financial advice.
📌 #PhillyFed #Manufacturing #UnemploymentClaims

SPY about to eat today’s loss and it’s not even 8pm ET yet lol

A big green candle doesn't tell you what the shares are actually worth in bankruptcy.
Stock Pulse mobile app flagged SNYR at $0.1903 at 7:05 AM ET. It spent hours below that price before reaching $0.64 at 1:11 PM — roughly +236% from the alert. A huge move, but definitely not a straight ride up.
Then, at 4:51 PM, an 8-K disclosed that Nasdaq trading is due to be suspended at the September 18 open. Synergy had already filed Chapter 11 on September 4 and says it doesn't intend to appeal the delisting decision.
That filing came after the rally, not before it. The trading opportunity and the question of whether common shareholders recover anything are two completely different things.
September 16 delisting filing: https://www.stocktitan.net/sec-filings/SNYR/8-k-synergy-chc-corp-reports-material-event-61acfd520f77.html

https://preview.redd.it/44xls1v8gxph1.png?width=931&format=png&auto=webp&s=0eccffb12f103b935c1a397caabd69079dd524b4

Fed just hiked 25 bp to 3.75% to 4.00%, first hike since July 2023. What it means for SPAC trusts, arbs and deSPACs (mod thread)Quick one from the mod team since a lot of people are going to ask.
**What happened today (Sep 16)**
* FOMC raised the fed funds target range 25 bp to 3.75% to 4.00%. Vote was 12-0.
* First hike since July 2023. The 2024 to 2025 cutting cycle is officially done.
* Statement language: "Economic activity is expanding at a solid pace," "inflation remains elevated," and the hike "will support a timelier return to the Committee's 2 percent goal."
* Dot plot: median has one more hike in 2026 and another in 2027. 2% PCE now pushed out to 2029.
* This is Warsh's first hike as Chair. Presser was 2:30 ET.
* Market shrugged: S&P +0.3%, Nasdaq +0.7%, 10-yr eased to about 4.97%, 2-yr about 4.63%. It was priced in.
**Why it matters here**
1. **Trust yields go up.** Trusts sit in T-bills and money market funds, so the per-share accrual ticks higher. If you're holding a pre-deal SPAC at or under trust, your carry just got a little better. Check the trust balance in the next 10-Q, not the IPO number.
2. **Redemption floor gets stickier.** Higher risk-free means a higher bar for any deal to clear. Every deSPAC vote is now competing against roughly 4% guaranteed in the trust. Expect redemptions to stay heavy on anything without real institutional support.
3. **Arb math.** Yield-to-liquidation on pre-deal SPACs moves with T-bills. Names trading at a discount to trust plus accrued interest are a little more interesting. Names trading above trust with no deal have less cushion.
4. **PIPEs and non-redemption agreements cost more.** Sponsors fund deals with capital that just got pricier. Watch for more structured PIPEs, converts, and forward purchase agreements instead of plain common.
5. **DeSPAC valuations.** Long-duration, pre-revenue stories get hit hardest when the discount rate rises. Profitable, cash-generating targets hold up better. Nothing new, but the direction changed today.
6. **Extensions.** Sponsors will keep extending, but "waiting for a better window" just got more expensive for everyone. More liquidations likely on the 2024 vintage that hasn't found a target.
**What I'm watching**
* The Nov and Dec meetings. If the dots hold, one more 25 bp before year end.
* Whether new SPAC IPO filings slow down. The last two years were built on falling rates.
* Trust-per-share updates in the Q3 10-Qs.
Not financial advice. Post your trust yields and redemption thoughts below. Keep it civil, no pumping tickers.
**Sources**
* Fed statement: [https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm](https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm)
* CNBC, Fed rate decision September 2026: [https://www.cnbc.com/2026/09/16/fed-rate-decision-september-2026.html](https://www.cnbc.com/2026/09/16/fed-rate-decision-september-2026.html)
* CNBC live blog, Warsh presser: [https://www.cnbc.com/2026/09/16/fed-meeting-today-live-updates.html](https://www.cnbc.com/2026/09/16/fed-meeting-today-live-updates.html)
* Yahoo Finance live, first hike in 3 years: [https://finance.yahoo.com/economy/policy/live/federal-reserve-meeting-live-updates-chairman-kevin-warsh-143452661.html](https://finance.yahoo.com/economy/policy/live/federal-reserve-meeting-live-updates-chairman-kevin-warsh-143452661.html)
* Kiplinger live commentary: [https://www.kiplinger.com/investing/live/fed-meeting-updates-and-commentary-september-2026](https://www.kiplinger.com/investing/live/fed-meeting-updates-and-commentary-september-2026)
* CNBC, 10-yr yield below 5% ahead of decision: [https://www.cnbc.com/2026/09/16/treasury-yield-bond-market-fed-decision.html](https://www.cnbc.com/2026/09/16/treasury-yield-bond-market-fed-decision.html)

FOMC Press Conference with Chair Warsh 2:30 PM ET - [WATCH LIVE](https://www.youtube.com/watch?v=yPYZpwSpKmA)