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Thursday, December 7, 2017

Speed Bumps Ahead - Wait For A Dip To This Level On SPY/QQQ


One Option Trading Blog http://ift.tt/2AjifeR Posted 10:00 AM ET - Yesterday the S&P 500 took a breather. The market still has some speed bumps to navigate in the next week and there could be additional profit-taking. Tech stocks showed signs of life. This sector has some buying opportunities into year-end. Politicians are likely to extend the continuing resolution for two weeks. This should have been a slam dunk, but there is some mudslinging at the final hour. They all want to go into recess so a shutdown will temporarily be avoided. Democrats will make it known that a tough battle lies ahead. Alabama will elect a …

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