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Monday, September 19, 2016

FOMC Wed - Fed Could Pave the Way For Dec Rate Hike - Market Won’t Like It


One Option Trading Blog http://ift.tt/2cxZ7ts Posted 9:30 AM ET - We are seeing better volume and increased volatility since Labor Day. The wild swings each day indicate that buyers and sellers are active. Quadruple witching and the upcoming FOMC meeting this Wednesday are fueling the moves. The Fed will not hike rates on Wednesday. Labor conditions are soft and they don't have the data they need to justify a move. They could pave the way for a December rate hike and hawkish rhetoric would spark selling. In general, FOMC meetings the last couple of years have been market friendly. I am going to wait for the …

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