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Tuesday, September 3, 2019

Market Will Spend Time At This Level - Holiday Hangover


One Option Trading Blog https://ift.tt/2HH6vEN Posted 9:30 AM ET - The market is trading in a wide range and it is visiting both extremes with regularity. There are many cross-currents and light volume during the summer doldrums added to the volatility. End-of-month fund buying pushed us to the upper end of the range last week and we are seeing a little profit-taking this morning. China's manufacturing PMI was little soft, but the services PMI was a little better-than-expected. Major domestic economic releases will be posted this week. ISM manufacturing will be posted 30 minutes after the open. Trade talks with China are breaking down. The FOMC …

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