One Option Trading Blog http://ift.tt/2CrX1wx Posted 9:30 AM ET - Happy New Year. The tax bill is signed and the debt ceiling/budget will be negotiated in the next two weeks. Democrats will flex their muscles and this could be an ugly battle. This is likely to come down to the wire and the market won't like the uncertainty. After a 20% run last year I believe we will see some profit-taking in the next couple of weeks. Friday the market took a nasty spill in the last hour of trading. I don't trust the opening rally this morning and I believe the downside will be tested. …
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