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Wednesday, April 12, 2017

Trump Wants A Healthcare Bill - This Will Delay Tax Cuts - Bearish


One Option Trading Blog http://ift.tt/2p5KQ0H Posted 9:20 AM ET- Yesterday the S&P 500 sold off 20 points on the open. Our market rating had very negative reading on Monday and it was correct. Stocks sold off sharply and they spent the rest of the day recovering. The bounce was nice but it still feels like there is some selling pressure that needs to be worked off. Stocks will be choppy the rest of the week and trading volume will decline. Janet Yellen's comments on Monday seemed hawkish. The Fed sees improving economic conditions and they plan to tighten. Investors are nervous that the Fed is moving …

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