This News Is Creating Hope and That Is Why the Market Is Up Today

One Option Trading Blog https://ift.tt/3bhRfdP Posted 9:30 Am ET - Yesterday the market showed some signs of stabilization and I noticed two-sided activity. In recent weeks we have seen every bounce faded and that seemed to change yesterday. There are signs that buyers are nibbling and the S&P 500 is up 25 points before the open. We can still expect more downside as the Coronavirus continues to spread, but there are signs that the bid is returning. Analysts are citing full-out government stimulus and monetary easing as the reason for the rally this morning. Although those measures are critically important, I attribute the stabilization to a …