One Option Trading Blog http://bit.ly/2HQFleQ Posted 9:30 AM ET - The S&P 500 closed below the 200-day moving average Friday. The selling was heavy and we did not see a late day bounce. Economic releases were soft over the weekend and we are poised to open lower this morning. Investors have been willing to hold stocks as long as domestic economic growth remains strong. ISM manufacturing will be released after the open and it will be an important number. ISM services and ADP will be released Wednesday. The Unemployment Report will be posted Friday. If activity in the US starts to soften the market will decline. …
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