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Monday, October 28, 2019

Here’s What You Should Do Ahead of the FOMC


One Option Trading Blog https://ift.tt/2qJDuT0 Posted 9:30 AM ET - The market is trying to breakout to a new all-time high. US/China trade negotiations are going well and the Brexit deadline was extended to January 31st by the EU. Traders are expecting a quarter-point rate cut from the Fed on Wednesday and the market bid should be strong until then. Monday and Tuesday could be quiet as we wait for the news. The trading volume has been extremely light. China made positive comments about trade negotiations over the weekend and they are ramping up agricultural purchases. This benefits Chinese consumers because food prices have soared during …

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