The market is taking the latest comments from Fed Powell as dovish, despite acknowledging potential for additional rate hikes if economic growth remains strong. Yet, the uncertainty is not helping, and the three major indices are swinging between losses and gains.

*POWELL:`ADDITIONAL EVIDENCE' OF STRONG ECONOMY MAY MERIT HIKING

*POWELL: FOMC `PROCEEDING CAREFULLY' GIVEN RISKS, HIKES SO FAR

*POWELL:YIELDS HAVE DRIVEN SIGNIFICANTLY TIGHTER FINANCIAL CONDITIONS

Most sectors are higher, particularly Communication Services (Netflix (NFLX) is rocking) and Technology (helped by software names).

On the economic front, the Leading Economic Index (LEI) declined further in September. This marks the 18^th consecutive month of negative numbers, and the longest streak since the 2007/08 recession.

Sales of existing homes reached a 13-year low in September, as low inventory and elevated mortgage rates remain key headwinds for buyers. Yet, homes are still selling quickly (average 21 days on market) and prices are still up year-over-year due to the lower supply.

Be sure and tune in to my live special “Unbreakable Investor” town hall today at 2pm on Fox Business.