One Option Trading Blog http://ift.tt/2fcJRUc Posted 9:30 AM ET - The market is still digesting Trump's victory. His policies will lower corporate taxes and reduce business regulations. Both are good for profits and they are market friendly. I'm expecting the S&P 500 to make a new all-time high before Thanksgiving. Seasonal strength will attract buyers and the calendar is light. US GDP came in better than expected and ISM manufacturing/services were also good. China's industrial production and retail sales were also healthy. There is nothing to stand in the way of the market. Resistance at the all-time high is stiff but option expiration could provide the …
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