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Turkey Crisis - Bad Week For the Country and the Bird

Tags: market turkey

Posted 9:30 AM ET - PRE-OPEN Market COMMENTS TUESDAY – The market is near the all-time high and gains will be hard fought from now until year end. Momentum and seasonal strength are keeping buyers engaged and the next potential speed bump is a few weeks off. Turkey is getting slaughtered (sorry, I could not resist the pun ahead of Thanksgiving). Their interest rates are spiking and the currency is tanking. Credit concerns are one thing that can lead to a sustained market decline. Turkey’s issues could be relatively isolated, but it is a reminder that sovereign debt is at an …



This post first appeared on Option Trading | Options Trading Strategies | Lear, please read the originial post: here

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Turkey Crisis - Bad Week For the Country and the Bird

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