Oil Outage Won’t Matter - Bigger Issue Ahead This Week

One Option Trading Blog https://ift.tt/2Lxix5D Posted 9:30 AM ET - Last week the market tested the all-time high and it was not able to breakthrough. The prospect of face-to-face trade negotiations with China and easing by the ECB sparked buying. The Fed is expected to lower rates by .25% Wednesday and the market will recover from the early dip this morning. Iranian sponsored drone attacks destroyed Saudi Arabian oil production. Energy stocks will move higher this morning. Oil futures are up 10%, but this will be a temporary disruption. Trade negotiations with China don't matter. As long as economic growth in both countries remains stable the …