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Tuesday, December 20, 2016

Quiet Market Ahead - Focus On “Fresh” Stocks and Set Targets


One Option Trading Blog http://ift.tt/2hPDh8z Posted 9:30 AM ET - The market is likely to float higher on seasonal strength. It was able to shoulder a hawkish FOMC statement and it is likely to float higher on seasonal strength. There is not much to stand in the way of this rally and trading volumes will decline sharply as the week progresses. Even a small bid can push stocks higher. I am noticing wider bid/ask spreads and that also makes it tougher to day trade. I want to trade from the long side, but up opens are challenging. It is much tougher to identify stocks with relative …

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