Friday, June 22, 2018

Market Wants To Rally - News Is Light - Stay Long and Use This Stop


One Option Trading Blog https://ift.tt/2lq9aqL Posted 9:30 AM ET - Yesterday the market took a breather. The news has been fairly light and the SPY is compressing near the upper end of its range. Tech stocks and small caps are strong on a relative basis. Thursday's losses will be pared on the open and the S&P 500 is up 14 points. Heated tariff rhetoric between China and the US has not dampened investor spirits. The world's largest economies are battling it out. Europe imposed additional tariffs on US goods and the market did not flinch. If these "taxes" become reality it will take many months before …

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