One Option Trading Blog http://ift.tt/2mlpPua Posted 9:00 AM ET - Yesterday the market staged a nice rally after a three-day weekend. The momentum clearly points higher and the price action will be bullish this week. This afternoon the FOMC minutes will be released. Improving economic conditions will be cited along with balanced risks. In a unanimous decision, Fed officials decided to leave rates unchanged. I believe the rhetoric will point to a June rate hike and the reaction will be slightly negative. Investors will not be overly concerned about a rate hike in June as long as economic activity is strong. Earnings season has been good. …
No comments:
Post a Comment