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Wednesday, August 28, 2019

A Trade Deal Will Slow the Bleeding - But Here Is the Real Issue


One Option Trading Blog https://ift.tt/345Gmsx Posted 9:30 AM ET - We are currently in a news vacuum and the volume is light. Traders are latching on to any information they can find and Trump is keeping us busy. His tweets about Chinese tariffs and the Fed are producing intraday action during a historically dull period (summer doldrums). There are many macro issues that Asset Managers are sorting through. I believe that the S&P 500 will test the 200-day moving average in the next two weeks. A trade war with China is likely. Trump and Xi will try to put lipstick on this pig to keep their …

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