One Option Trading Blog http://ift.tt/2cVs6aT Posted 9:30 AM ET - The market is up one day and down the next. On a day-to-day basis the action is random. From an intraday perspective, the moves come early and stocks quickly settle in to tight trading ranges. We are in "wait and see" mode. The SPY bounced yesterday and the 100-day moving average is safe today. A week from Friday we will get the jobs report. Anything greater than 170,000 will guarantee a December rate hike. The market is addicted to easy money and this round of tightening will keep a lid on any rally. We will focus …
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