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Tuesday, November 29, 2016

Trading Volume Is Light - Be Very Patient Today and Trim Your Size


One Option Trading Blog http://ift.tt/2fHTtWI Posted 9:30 AM ET - Yesterday the market gave back some of Friday's gains. Typically we get a move one way on Black Friday and then it reverses on Cyber Monday. Trading volumes are light and that should improve after today. GDP came in slightly better-than-expected (3.2%) and the Fed will hike in two weeks. The economic releases this week should be consistent with stable growth. Jobs should come in around 175,000 on Friday. China has been tightening money supply in the last month. Inflation is starting to creep higher and they won't be able to suppress interest rates. As long …

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