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Thursday, December 13, 2018

Buy Dips Ahead of the FOMC Next Wednesday


One Option Trading Blog https://ift.tt/2Gc46n2 Posted 9:30 AM ET - I continue to say goodbye to my companion, my mentor.... my mom. Her incredible life will end soon and we are grateful for your thoughts and prayers. The market continues to trade off of tweets and minor news events. All that really matters the rest of the year is the FOMC statement next week. The Fed needs to follow through on the expected quarter point hike and they need to half the number of hikes next year. This is the best scenario and it would spark a rally into year-end. I believe that the 200-day MA …

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