One Option Trading Blog https://ift.tt/3cbPpgg Posted 9:30 AM ET - The market is trying to establish support after a pullback during the last two weeks. Dovish Fed comments are expected today and House Democrats will not take recess in October unless a stimulus bill has been passed. The market bid is firm, but profit takers will keep a lid on the rally if prices get overextended. Valuations are stretched and there is room for disappointment. In short, buyers and sellers are paired off. The Fed will keep interest rates low even if inflation rises above the 2% target. This is extremely dovish and officials have implied …
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