Tuesday, June 2, 2015

Market Friendly Econ Numbers Will Off-Set Nervousness In Europe


One Option Trading Blog http://ift.tt/1Q3cxz4 Posted 9:45 AM ET - Yesterday's gains are being stripped away this morning. I hate to sound like a broken record, but this price action is nothing but noise. ISM manufacturing came in a little better than expected yesterday and it took the sting out of dismal numbers last week (GDP and durable goods). ISM services should be decent tomorrow and ADP will be in line. The news will be good enough to support the market, but not strong enough to spark a breakout. The ECB will post its rate decision tomorrow. They have been more hawkish recently and a strong …

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