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Wednesday, August 9, 2017

Market Is NOT Down Because of North Korea - Here’s the Real Reason


One Option Trading Blog http://ift.tt/2uGjrRJ Posted 9:00 AM ET - Yesterday the market made a new intraday high and there wasn't a catalyst to fuel the rally. Momentum alone won't push us through. North Korea was not the reason stocks reversed. This is simply a convenient excuse. Every military powerhouse (US, China, Russia and Japan) has its satellites pointed at the country. Any conflict would disrupt commerce and China will NOT stand for it. They know that as long as their economy continues to grow they can avoid public unrest. The Chinese Communists are making a lot of money and they want to retain their power. …

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