One Option Trading Blog http://ift.tt/2AF5JGC Posted 9:30 AM ET - The market is inching its way higher and the headwinds are blowing. I believe the SPY will stall at $270. When stocks can't rally on good news a red flag is raised. Yesterday the FOMC said that they are leaning towards three rate hikes (not four) next year. That was the dovish rhetoric I expected - the market yawned. This should have been a nice catalyst for stocks. House and Senate Republicans have reached a tax deal. They know they will lose a Senate seat after Christmas so the pressure is on to pass legislation now. …
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