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Tuesday, June 12, 2018

Market Wants To Run - Here’s Why We Are Going To Wait 2 More Days


One Option Trading Blog https://ift.tt/2y7EqnG Posted 9:30 AM ET - Yesterday the market inched higher ahead of the historical summit with North Korea. Trump and Kim broke the ice and they exchanged niceties. This process will take months to play out and investors are giving both leaders the benefit of the doubt. Tomorrow the FOMC will hike rates and traders will scrutinize the comments. The S&P 500 is above the 100-day moving average and it wants to climb. The summit was short on details and that was expected. I am skeptical and I believe that North Korea will drag this process out. This has been a …

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