One Option Trading Blog http://ift.tt/1LwZbo1 1 WEEK FREE TRIAL - SEE WHAT WE ARE TRADING IN THE CHAT ROOM Posted 9:00 AM ET - The S&P 500 has rallied 100 points from the low a week ago. Prices feel a little stretched and gains will be hard-fought. The news is light next week and trading could be quiet. Yesterday, stocks fell into a tight range and the price action was very choppy. Options expiration will not be a factor today. Much of the rally can be attributed to basic materials and cyclicals. The long-term fundamentals are very bearish for these companies …
No comments:
Post a Comment