Jason's BigDeaL Trade Alert #33 When we last left off on Thursday, we were eagerly awaiting the August jobs report, to be released Friday morning. We had placed a bullish bet on the PowerShares DB US Dollar Bullish ETF (UUP) on the premise that a strong jobs report would lead to increased expectations of a Federal Reserve rate hike next Thursday, and this would result in dollar strength. Instead, the mixed jobs report looked bad to everyone, as stocks sold off on the prospects of a forthcoming hike, even as bond yields eased like a September liftoff was less likely. ...

This document is currently available only to members of our Options subscription.
For more information about our subscriptions, please visit our products page.
Outdated document.
The document was written more than 6 months ago. Information may be outdated.