Thursday, June 18, 2015

Market Will Drift Up To the All-time High and Stall Next Week


One Option Trading Blog http://ift.tt/1BqaH4H I hope you attended last night's webinar. I highlighted 27 stocks and only 1 is trading lower (-$.50). We have many big winners and one that is up $10. WATCH THE WEBINAR Posted 10:45 Am ET - Yesterday the FOMC changed some of his rhetoric and it continues to monitor the "dots". Inflation is slightly below the target due to the recent PCE deflator and they cited stable employment conditions. Janet Yellen's remarks were very dovish and the market rallied slightly on the news. What I found to be interesting is that all but two Fed officials …

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