Monday, August 15, 2016

Fed Minutes On Wednesday Could Spook Investors - Very Slow Week Ahead


One Option Trading Blog http://ift.tt/2b8SxuO Posted 9:30 AM ET - Prepare for another boring week. Traders are looking for anything to sink their teeth into during this news vacuum. Volume on the exchanges is down over 50% and we can expect a quiet week with tight daily ranges. There is a potential speed bump ahead. The FOMC minutes will be released on Wednesday and they are the highlight of the week. Fed comments were more hawkish during the last meeting. Labor conditions have improved and Brexit turned out to be a non-event (might not happen until 2019). The last labor report (255K) was hot and some …

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