One Option Trading Blog http://ift.tt/1NDRAbk Posted 9:50 AM ET - The market has taken on a negative tone, but I wouldn't read too much into it. As far as I'm concerned this is all noise. We are seeing some position squaring ahead of a likely rate hike next week and there is a lot of high-frequency trading (HFT). Once the intraday momentum is established, the market continues in that direction. Oil prices are getting the blame for today's decline. Emerging markets rely on strong energy prices and this could raise credit concerns (Brazil and Russia). To a much lesser extent there will be domestic job losses …
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