Market Needs Its “Fix” Now - Reduce Risk and Don’t Count On Politicians

One Option Trading Blog https://ift.tt/37mdsIU Posted 11:00 AM ET - Sorry for the late post. I was busy exiting positions and I forgot to post. Yesterday the market saw a steady round of profit-taking and Asset Managers are reducing risk ahead of the election. Covid-19 is spreading quickly in the US and much of Europe is shut down. A stimulus bill is needed and Nancy Pelosi's deadline for a deal ends today. I am closing down my swing trading positions and I am reducing overnight risk. Some analysts are saying that the market decline was related to the stimulus bill impasse. That is true only to …