One Option Trading Blog http://bit.ly/317EgqP Posted 9:30 AM ET - The market closed below the 200 day moving average for the second day in a row. A late bounce sparked by dovish comments from a Federal Reserve official (Bullard) pared some of the losses. Fed chairman Powell will weigh in shortly after the open this morning and we will see if he believes a rate cut in 2019 is warranted. Stocks have typically rallied after dovish remarks, but they were slow to react yesterday. Slowing global economic conditions, low inflation and uncertainty due to tariff wars were cited as potential risks. Interest rates around the globe …
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