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Friday, December 8, 2017

Market Headwinds Are Stiff - Go To Cash and Wait For A Dip 


One Option Trading Blog http://ift.tt/2j9vJm7 Posted 9:30 AM ET - Last week the market shot higher on the Senate's approval of a tax cut. That rally was tested and we have seen profit-taking. There are a few speed bumps for the remainder of the year and they will keep a lid on this breakout. The Senate and the House still need to find middle ground. I believe they will and the market is pricing in a final bill that will fall somewhere between the two plans. This bill will get passed and Republicans know how important this is. A continuing resolution was approved by Congress and …

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