One Option Trading Blog https://ift.tt/2Z5O71Y Posted 9:30 AM ET - Yesterday the market easily slipped back below the 100-day moving average and the selling pressure was steady all day. August is typically a weak month and the news has a negative bias to it. When the Fed and Congress are in recess investors get nervous. Trade talks with China have stalled and new tariffs will be imposed in two weeks. Riots in Hong Kong are escalating and the airport has been closed for a second straight day. Germany's economy could fall into a recession. A recent survey of economic sentiment among investors fell to minus 44.1 …
No comments:
Post a Comment