One Option Trading Blog http://ift.tt/1umCn6m Posted 9:00 AM ET - Yesterday the market made an all-time high after an excellent round of news. Unfortunately, the price action was sluggish and stocks looked a little tired. I am not expecting much of a retracement, but we could rest at this level for a few days. Major economic releases will be posted next week (ADP, ISM manufacturing, ISM services, GDP and the Unemployment Report). Asset Managers will wait for the news before they continue their buying spree. This morning, durable goods orders exceeded estimates and it came in at .7%. The level of participation was very light during …
No comments:
Post a Comment