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Tuesday, December 1, 2015

200K Jobs Will Keep Us In A Range Until the FOMC - Sell Bull Put Spreads


One Option Trading Blog http://ift.tt/1QbD23q Posted 11:30 AM ET - Yesterday the market sold off and today it recovered those losses. The price action is very choppy and this is nothing but "noise". We can expect similar until the FOMC on December 16th. China's PMI came in a little light, but nothing to worry about. Some analysts are saying that we might see additional easing. The Yuan was approved as a reserve currency by the IMF and I believe this is market friendly for China. ISM manufacturing came in below 50 and that was a weak reading. Manufacturing only accounts for 20% of economic activity and …

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