Buyers Will Wait For the Election Results - A GOP Win Would Spark A Bounce

One Option Trading Blog https://ift.tt/2Q8SBxq Posted 9:30 AM ET - This morning the S&P 500 is up 30 points. These opening rallies feel great until they reverse late in the day. We have seen a bearish pattern of higher opens and lower closes. Last week I outlined three things on the market's Christmas list. We need at least two of them for sustained bounce. China is not going to sign a trade agreement this year so this will be a giant lump of coal in the stocking. The G20 meeting between Trump and Xi at the end of November is tenuous. China's economic growth is slowing …