One Option Trading Blog https://ift.tt/2BQTSn7 Posted 9:30 AM ET - Yesterday the market gapped higher and it sat the rest of the day at the all-time high. Prices compressed and the trading volume was extremely light. We are in a holding pattern until the FOMC statement tomorrow. Take profits on long positions ahead of the news. September and October are typically busy trading months and the incredibly low trading volume is unusual. Historically low interest rates and the likelihood of future easing are keeping a safety net under the market. Stocks are trading at the upper end of their valuation range and global economic conditions are …
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