Friday, June 8, 2018

We Are Back In Cash - I Will Buy VIX Today and Day Trade From the Short Side


One Option Trading Blog https://ift.tt/2Js7AyX Posted 9:30 AM ET - Yesterday the market took a breather after breaking through horizontal resistance earlier in the week. Tech stocks saw some profit-taking after the NASDAQ 100 made a new all-time high and that selling pressure will continue today. Apple has asked iPhone component suppliers to reduce production by 20% and the stock is down 1% before the open. The North Korean summit will take place at 9:00 PM ET Monday. It will set the market tone for the rest of the summer. As I've been mentioning in my comments this week I believe that the summit will be …

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