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Thursday, July 26, 2018

BUY THIS DIP - Facebook Won’t Matter - Industrials Will Offset Tech


One Option Trading Blog https://ift.tt/2OjwAet Posted 9:30 AM ET - Yesterday the market broke out to a new relative high and rumors of a European trade deal sparked buying in the last hour of trading. Light volume the last few weeks is a sign that Asset Managers are under allocated. They don't want to miss the next big run so they will bid aggressively. Facebook will weigh on the market early this morning, but that will be temporary. Trade war concerns are the only thing keeping a lid on this market. Trump and the EU have agreed to forge a zero tariff deal. Industrial stocks will …

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