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Friday, January 13, 2017

Market Should Grind Higher Today - Buyers Scooped Stocks On Support Thurs


One Option Trading Blog http://ift.tt/2inzSfL Posted 9:00 AM ET - In my comments yesterday I advised you to buy dips. Support was tested at SPY $225 and when we rallied back above $225.50 we got long. That was an excellent buying opportunity and we made a ton of money in the day trading chat room. Don't read too much into the recent price action. The market is trapped in a range and it is searching for a "driver". Earnings season has started and big banks reported this morning. The reaction has been favorable and this sector could be the catalyst that sends the S&P 500 to …

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