Trending Downward – by Justin Vaughn
(Justin Vaughn, Editor, Options Trading Report) The markets Monday and Tuesday flowed aimlessly, neither gaining nor losing ground significantly..in anticipation. Investors’ and traders’ moods show no signs of direction, not affected by scattered earnings reports and future tightening by the Fed. And then Wednesday’s announcement came-soothing investors and traders alike and…with ‘good news.’ The July report showed inflation backed down to 8.5%. Six-tenths of a point sent the indices reeling…and up. The Nasdaq led the … Read more…