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Wednesday, June 27, 2018

Market Not Afraid of A Trade War - Here’s Why - Use This Strategy


One Option Trading Blog https://ift.tt/2tAo5TJ Posted 9:30 AM ET - The market is discounting the threat/impact of trade wars. Yesterday stocks rebounded after the 100-day moving average was tested on Monday. The rally was tenuous, but buyers are engaged. Major economic releases will be strong next week and earnings season will be upon us after the Fourth of July holiday. Look for nervous trading and light volume the rest of the week. Asian markets tumbled overnight. China's president Xi advised his staff to prepare for a full-blown trade war. He also suggested that purchases of US Treasuries will be halted if tensions escalate. China is in …

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