One Option Trading Blog https://ift.tt/2Q6d1La Posted 9:30 AM ET - Yesterday the FOMC minutes were released and the tone was dovish. Stocks inched higher on the news, but a late day round of selling erased the gains. Trump and Xi have been sparring before the G20 meeting and that is keeping buyers at bay. The S&P 500 almost touched the 200-day moving average Thursday and that resistance should stay in place today. We are going to take profits on our SPY position and I outlined the details below. It looks like the Fed might be ready for a pause in 2019. They have forecasted four rate …
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