Wednesday, November 21, 2018

G20 Optics Will Be Market Friendly - I Will Buy A Dip To This Level


One Option Trading Blog https://ift.tt/2R1aBKe Posted 9:30 AM ET - The market is weak and the S&P 500 was within striking distance of the October low yesterday. Overnight gaps higher have been faded the last two months and the gains this morning are likely to vaporize. There isn't any incremental overnight news to justify the bounce. Retailers have been posting results this week and the reactions have been negative. The next bounce should be a decent one and I expect it next week. Trump and Xi will meet (11/29) and is in the interest of both leaders to paint a rosy picture. Stock prices in both …

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