One Option Trading Blog http://ift.tt/2pKTrXJ Posted 9:30 AM - This morning the market is retreating and investors are nervous. The media is overjoyed to blame the profit-taking on problems in the White House. From my perspective this is a bunch of BS. We were already seeing signs of strain and this is a convenient excuse. As I've been pointing out during the last week Global Asset Managers have been pulling money out of US equities for over a month. The rally has been narrowly confined to tech stocks and that is not a healthy rally. The breakout yesterday lured in bullish speculators and they will be …
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