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Wednesday, May 2, 2018

FOMC Statement Should Be Market Friendly - Here’s How To Trade the FOMC


One Option Trading Blog https://ift.tt/2FzQH2J Posted 9:30 AM ET - After a volatile start to the year the market is starting to settle into a range between the 200-day moving average and the 100-day moving average. Political news has temporarily died down and earnings are keeping a bid to the market. Valuations are little rich and stocks need time to grow into them. A number of headwinds will be resolved this summer and we can expect choppy price action. The biggest threat to the rally is a trade war. NAFTA should be signed this month, but Trump wants Mexico to secure its side of the border. …

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