Our Advice for Nasdaq BO
August FOMC meeting last hurrah for S&P 500?
Entry = 1420
Call/Put = Put
Expiration = End of the week
The FOMC’s rate decision and verbiage regarding any policy easing will surely cause some volatility this week. Any help they give will eventually boost the economy but won’t be reflected in near term growth. I am trading the S&P to move lower from resistance at 1420 after popping on the FOMC announcement.
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July 31, 2012 | by John Greener |