Thursday, February 1, 2018

Swing Traders Stay In Cash - Air-Pocket Possible - Prepare To Buy This Dip


One Option Trading Blog http://ift.tt/2Eu16Oo Posted 9:30 AM ET - Global interest rates are rising and investors were bracing themselves for a hawkish statement from the FOMC yesterday. The comments were fairly neutral and analysts are expecting three rate hikes this year. Economic growth has been strong and the market can shoulder higher yields. Look for nervous trading the rest of the week. The debt ceiling and budget need to be extended and a potential shutdown looms (February 8). Democrats are flexing their muscles knowing that 60 votes in the Senate are needed. They were blamed for the last shutdown and they need to tread cautiously …

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