Market Rally Still Has Room To Run - Next Speedbump Is FOMC On 1/31

One Option Trading Blog http://ift.tt/2n35SKm Posted 9:30 AM ET - Yesterday politicians extended the budget and the market shot higher. This news was widely expected and stocks were up significantly before the vote. This is a runaway train and you need to keep moving your stops up. The budget will be an issue again in 17 days and the debt ceiling will need to be addressed as well. Politicians simply bought themselves some time. Many Democrats are disappointed that Schumer caved in and we can expect a real battle during the next round of talks. Both parties seem to be having constructive conversations and that is …