Option Block 157: We Are in a Holding Pattern Until We Are Not
Option Block 157: We Are in a Holding Pattern Until We Are Not
Trading Block: For the second show in a row, the S&P is literally closed unchanged at 0.0%, what are the odds? The Fed pretty much stymied most activity. Have to love the Feds - says end of tax cuts is the most important fiscal event on the horizon, yet refuses to comment on whether tax cuts should stay or go. China cut their benchmark lending rate for the first time in about 4 years. VIX drifting toward the lower end of its recent range. Commodity/Metals update.
Odd Block: Interesting and unusual activity in Lululemon Athletica…
The skinny
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