One Option Trading Blog http://ift.tt/2dAMVda Posted 9:00 AM ET - After the initial rally Wednesday, the market fell into a tight trading range the rest of the day. We are up one day and down the next. The holding pattern is likely to continue today as we wait for the jobs number. ADP came in a little light at 154K. The market liked the news and a soft jobs report is priced in. Initial jobless claims have been decreasing the last 4 weeks and I believe we will be above 180K. The market would not like that because it will lock in a December rate hike. …
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