Investors Await Fed, Earnings and Jobs this Week

This week could prove to be interesting for investors as we have the Fed on tap, the earnings season kickoff and we end with the non-farm-payrolls on Friday. What more can you ask for? This is the kind of week where you should pre-order your champagne and/or valium. Possible Hedging Having posted a phenomenal September, with the S&P 500 closing 8.4% higher, it seems like the main focus has turned to protecting profits and climbing with caution. Traders are keeping their eyes out for any indication of a top and this can sometimes be misleading. If you are looking for a top, then the way you interpret data will be biased toward your point of view. One example would be the large put option volume on the SPDR S&P 500 ETF (

), seen by some as being an indication that the markets will tank. While I can see the logic behind this, the context of the situation is extremely...

Written by Jordi Perez. Go to www.MarketSpaceTrading.com for the full article, live charts and more newsletter updates.