One Option Trading Blog https://ift.tt/2TdJIXO Posted 9:30 AM ET - Yesterday the market showed signs of strain. The FOMC minutes were dovish and US/China trade negotiations cleared a major hurdle. Stocks initially surged on the news and then drifted lower. This is a major warning sign. Today we will get more "Fed Speak", but don't expect anything new. The balance sheet "roll-off" should end early next year. Based on projected economic growth the Fed still expects at least one more rate hike this year. The market is not pricing in rate hikes so any surprise favors the downside. President Trump will meet with the lead negotiator …
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