One Option Trading Blog http://ift.tt/2qnAjMz Posted 9:00 AM ET - The market is compressing near its all-time high. Trading volume has been declining and we are in a news vacuum. The action is likely to be dull for the next two weeks. China's industrial production and retail sales were slightly below estimates. The PBOC made dovish comments and that softened the blow. I believe the Fed will hike in June. They cited improving growth in Q2 and they like to hike when market conditions are strong. Earnings season has been good and guidance has also been bullish. Announcements are tapering off. Healthcare reform is stuck in …
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