One Option Trading Blog http://ift.tt/2eTgjdf Posted 9:30 AM ET - I'll keep this short and sweet. I believe the market is going to challenge the all-time high this week. The initial reaction to Trump's victory was negative and the Dow staged a 1000 point reversal from the overnight low. Stocks continue to grind higher and they have been able to hold the gains. This move reminds me of Brexit. Initially stocks sold off hard and they quickly found support. Within a matter days the S&P 500 slingshotted to a new all-time high. Trump’s policies lower corporate taxes and that is good for earnings. Reduced business regulations …
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