One Option Trading Blog http://ift.tt/2rTWISf Posted 9:30 AM ET - Yesterday the FOMC minutes revealed that the Fed is still likely to hike rates in June. The market inched its way to a new all-time high and we are seeing follow-through buying this morning. That is contrary to what you would expect and I don't trust this rally. There are too many unresolved issues for a sustained breakout. This is just a light volume holiday rally. Politicians are in a stalemate and it will be a long time before we see tax cuts. DC goes on vacation during the summer and nothing gets done (hard to …
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