The U.S. stock market participants are at a crossroads and it is evident from the nature of trading. On the one hand, the statements of Fed functionaries predicting a smooth but further increase in the discount rate, a strong labor market and a dynamic decline in government bonds, pushing the market to sell, on the other hand, the expectation of strong corporate report for the 3rd quarter and the end of the calendar year, statistical ahead of the market 3 strongest months with their Christmas sales and annual bonuses. All this results in rather sharp but low amplitude trading sessions, when no one wants to start a move, but everyone is ready to join it. Quite soon the market will judge everyone, because very soon global corporations will start publishing their reports, and macroeconomic statistics will narrow the expectations on the future fate of the discount rate. There is a short period of languid waiting ahead.