One Option Trading Blog http://ift.tt/2F1LHFb Posted 9:30 AM ET - Yesterday the market gave us a big "tell". The appetite for stocks is strong and a hot CPI did not deter buyers. The S&P 500 briefly tested the 100-day moving average and it shot higher. That massive 60 point reversal paved the way for a higher open and the futures are up 11 points (pre-open). When the market moves higher against bearish news it is a very bullish sign. This bounce has a long way to go, enjoy the ride. The CPI was .1% higher than expected. Oil prices have been down and that is the …
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