Posted 9:30 AM ET – The Market is near the all-time high and gains will be hard fought from now until year end. Momentum and seasonal strength are keeping buyers engaged, but the FOMC meeting next week will temper the urge to buy near the all-time high. For more extensive commentary, please read my comments from Thursday. A hot CPI this morning (.8%) sparked a positive market reaction. How is this possible? Higher inflation should lead to higher interest rates and higher interest rates should be bad for stocks – right? That is true during the initial stages of Fed tightening, …