One Option Trading Blog http://ift.tt/1TcHm3j Posted 9:30 AM ET - Market is chopping back and forth during this news vacuum. It lacks pace and direction so keep your activity down in this low probability environment. The next decent round of news will come Monday when China posts GDP/industrial production/retail sales. I'm not expecting a big reaction to these numbers. This year I've been fading early gaps that are greater than 10 S&P points. Once those moves stall, there is typically a retracement and we look for stocks that are negatively correlated to the market. This strategy has produced fantastic returns and it stopped working this week. …
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