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Monday, December 30, 2019

2020 Market Forecast With Stock Picks - Take Profits Into This Year-End Rally


One Option Trading Blog https://ift.tt/2F3gN04 Posted 9:30 AM ET - PRE-OPEN MARKET COMMENTS MONDAY - The market has been gradually drifting higher on light holiday volume. No one is standing in the way of seasonal strength and stocks are poised to finish the decade on their high. Prices are little rich at a forward P/E of 18 and it will take time for them to grow into these valuations. I expect to see some profit-taking in the next week or two. We are still in a news vacuum and New Year's will disrupt the week. Official PMI's will be posted along with ISM manufacturing and the …

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