Thursday, November 10, 2016

Market Likes Trump - My Bias Is Turning Bullish - 1 Good Day From New High


One Option Trading Blog http://www.1option.com/index.php/global/comments/market_likes_trump_my_bias_is_turning_bullish_1_good_day_from_new_high/ Posted 9:30 AM ET - This is not the reaction I expected and it's not the reaction analysts expected. The market is getting use to the idea of President Trump and the bid is firm. We are within striking distance of the all-time high and seasonal strength could push us through. In June we saw the reaction to Brexit. The market plunged and it quickly reversed. Within a matter of weeks we were making a new all-time high and the move defied logic. Trump's victory and the market reaction are very similar. A week ago Republicans were running for cover. It …

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