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Wednesday, September 27, 2017

Market Ready To Run - We Bought Calls Yesterday - Ride Them


One Option Trading Blog http://ift.tt/2hzDL2D Posted 9:30 AM - The market continues to look for a catalyst and earnings season will provide the fuel we need to breakout. Tech stocks have pulled back and they have excellent upside. The QQQ bounced off of the 100-day MA Monday. Yesterday I suggested buying calls in the tech sector. Today we are seeing follow-through buying and these positions perform well. Trump will reveal his tax plan and that should set a positive tone for the market. The healthcare bill is dead, the debt ceiling has been extended and the focus will shift to cutting taxes. Any rumors of a …

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