One Option Trading Blog http://ift.tt/2i1GoxP Posted 9:00 AM ET - Last week the market sold off and tension in North Korea was blamed for the drop. In reality, bullish sentiment had gotten too high and speculators needed to be flushed out. Buyers pulled bids and the downward momentum accelerated as traders hit the exits. As I've been mentioning these one-day events tend to reverse quickly. Stocks found their footing Friday and the market rebounded yesterday. We are seeing follow-through this morning. Earnings season is almost over and the economic news is light. The FOMC minutes will be released tomorrow afternoon and we can expect hawkish comments. …
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