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Tuesday, May 9, 2017

Trouble Ahead - Stay In Cash and Wait For A Market Dip


One Option Trading Blog http://ift.tt/2qNPQrR Posted 9:10 AM ET - Yesterday the market was flat and the volume was low. The air has been “let out of the balloon” and we are heading into a news vacuum. Mega cap tech stocks have reported, major economic releases are behind us and we've heard from the Fed. Stocks are treading water near their all-time high and I sense a speed bump ahead. Equity funds have seen their largest withdrawal in years according to a Bank of America survey of Global Asset Managers. US allocation hit a nine year low in April and outflows totaled $22.2B. Furthermore, the recent …

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