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Monday, January 23, 2017

Market Is Nervous Due To FOMC Next Week and Trump’s 1st Week


One Option Trading Blog http://ift.tt/2k8hfyp Posted 9:00 AM ET - Trading volumes are anemic and the market is stuck in a tight trading range. Earnings season is typically bullish, but investors are nervous about Trump's first weeks in office and the upcoming FOMC meeting in 10 days. The S&P 500 has traded in a 10 point range during the last two weeks on light volume and this is a low probability environment for day traders and swing traders. We did see a little more volume last Friday, but that was related to option expiration. January is typically a good month for the market. Volumes are brisk …

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