One Option Trading Blog http://ift.tt/2l3jAtL Posted 9:00 AM ET - Yesterday the FOMC minutes failed to move the market. This was a potential speed bump and stocks shouldered the news. The S&P 500 is up a couple of points before the open and we should see a steady grind higher today. Shorts are not going to stand in front of this freight train. The bid is strong and dips are quickly soaked up by under-allocated Asset Managers. As long as the upward momentum is intact we will not see much profit-taking. Earnings season has been good and the guidance has been positive. Global economic conditions are …
No comments:
Post a Comment