One Option Trading Blog http://ift.tt/2hrDCQt Posted 9:30 AM ET - The market was able to shoulder hawkish Fed comments and the potential for 3 rate hikes in 2017. If we were going to see selling, it would have happened Thursday. The table was set perfectly for a big reversal and it did not happen. Buyers are engaged and the price action tells me that Asset Managers are still eager to put money into equities. Profit taking was light. I will trade from the long side today. Tech is catching a good bid and that will be my focus. I will be cautious in the early going. …
No comments:
Post a Comment