One Option Trading Blog http://ift.tt/2nTZDMC Posted 9:30 AM ET - Last night Jones won the Alabama election and Republicans lost a Senate seat. The GOP only has a single vote advantage and it will be harder than ever to pass legislation. For the time being, the market is comfortable with the news. All it cares about is the tax cut and that will be passed before Christmas recess. I thought we would see a bigger negative reaction than this. Mainly because stocks have rallied nicely in the last two weeks and there was room for a shakeout. The Fed will hike interest rates today and traders …
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