Friday, October 3, 2014

3.25% Return on risk for the week ending 3 Oct. Volatile week in the markets…Oct tends to be a volatile month. Market hedging profits closed prior to today's move, collapse in volatility plays on for sideways to continued up move. Lots of resistance overhead for S&P, next week could be the truth teller on continued move up or actual correction (10% pullback). FOMC minutes and Unemployment claims are big movers on next week's economic calendar.

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