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Monday, October 26, 2015

Don’t Be A Fool - Take Profits Before the FOMC Wed - Upside Is Limited


One Option Trading Blog http://ift.tt/1KAwTa7 TAKE THE 1 WEEK FREE TRIAL FOR INVESTORS AND FOLLOW OUR CALL TRADES Last week, mega-cap tech stocks sparked a rally and the SPY finished above its 200-day moving average. Amazon, Google and Microsoft knocked the cover off the ball and Apple is on deck Tuesday after the close. The price action should remain bullish until the FOMC Wednesday. Initial jobless claims fell to their lowest level since 2009. Last month ADP posted decent numbers in their private sector jobs report. This company processes payrolls for small and medium-size companies so I trust their number. I believe …

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