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Monday, December 11, 2017

Alabama Vote and FOMC Are Important - Wait For A Dip


One Option Trading Blog http://ift.tt/2iUY7EV Posted 9:30 AM ET - Last Friday the market closed at a new all-time high. There are a couple of speed bumps this week and the action could be very subdued the next two days. The Alabama election is important and so it the Fed’s tone when they hike interest rates by .25% on Wednesday. Gains the rest of the year will be hard-fought. Two separate polls in Alabama show Moore with a 5% lead. The Senate passed its version of the tax bill by one vote and they can't afford to lose a single seat. Republicans have some momentum and …

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