One Option Trading Blog http://ift.tt/2fNZpD5 Posted 9:30 AM ET - The market is searching for direction during this news vacuum. Investors are nervous when DC is in recess and we have dark clouds approaching after Labor Day. The FOMC minutes were the only speed bump and they are weighing on stocks this morning. Fed officials plan to tighten (reduce their balance sheet) in September and a rate hike is likely in December. Congress is in disarray and so is the White House. Politicians will have to find common ground very quickly as the debt ceiling approaches (5 to 6 weeks). I've been mentioning in my comments …
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