Tuesday, July 29, 2014

Major News On Wed - FOMC Won’t Add Anything New - Job Growth Could Push Rates Higher



One Option Trading Blog http://ift.tt/1xuzixs Posted 11:00 AM ET - This is a news filled week and the market could experience some jitters as it treads water near the all-time high. Tomorrow’s releases are very important. GDP will be released before the open. Analysts are expecting a 2.9% increase for Q2. That comes on the heels of a 2.9% decline in Q1. I doubt that the economy will be able to make a 6% jump from Q1 to Q2. ADP will also be released before the open. The consensus estimate is 215,000 new private sector jobs in July. That is on par with last month’s expectations, …


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