One Option Trading Blog http://ift.tt/2D2bVER Posted 9:30 AM ET - The market surged higher in January and the tone soured quickly. February was nasty and the lengthy bottoming process indicates selling pressure. In the past few years stocks have quickly recovered from big drops. That is not currently the case and we can expect nervous action this week. The most critical number will come Friday when the wage component of the Unemployment Report is released. That is what sparked the decline a month ago. Corporations have willingly increased minimum wages and they paid bonuses after the tax cut was passed. The initial "pop" is likely to …
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