One Option Trading Blog https://ift.tt/32fN14k Posted 9:30 AM ET - Yesterday the market surged higher after the election and it was able to close above the 50-day moving average. The election results are still unknown and the market has shrugged off uncertainty. This is a testament to a strong bid and the S&P 500 is up 60 points before the open today. Investors are piling back into the market and we are likely to challenge the all-time high before year-end. ISM services and ISM manufacturing were both strong and initial jobless claims continue to drift lower. ADP reported 300K fewer jobs than expected in the private …
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