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Thursday, November 2, 2017

Window For A Market Rally Is Closing - Reduce Risk Friday 


One Option Trading Blog http://ift.tt/2h6dT2j Posted 10:00 AM ET - The theme this week has been "now or never". Stocks have all of the good news they need to move higher and the rally needs to happen this week. If we do not get a breakout the market will compress in a tight trading range. Let me add one caveat to that forecast. If the market does not breakout this week and Congress passes tax cuts the rally will take place. The extent of the move depends on the details. Republicans will release their plan this morning. Rumor has it that state local tax deductions (SALT) …

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