One Option Trading Blog https://ift.tt/2FINW0Q Posted 9:30 AM ET - I am going to keep my comments brief this morning because the news is light. The stock market rally is fueled by momentum and investors are pricing in positive outcomes for looming issues. The S&P 500 is above major horizontal resistance and it is only 2% from the all-time high. Yesterday we saw a little profit-taking late in the day and that suggests resistance. ISM manufacturing was better than expected, but retail sales, ISM services and ADP were light. Tomorrow we will get the jobs report and traders will be looking for a robust bounce off …
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