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Tuesday, September 4, 2018

Market Breakout - Let’s Take Profits Into Strength - Here Is Why


One Option Trading Blog https://ift.tt/2PwLZrQ Posted 9:30 AM ET - Last week the S&P 500 made a new all-time high. The volume was decent ahead of a major holiday and Asset Managers don't want to miss a year-end rally. We are finally out of the summer doldrums and the economic calendar will be busy this week. China's official PMI was slightly better-than-expected last Friday, but there are some warning signs. Production increased and so did inventories. That suggests that exports are not as robust as expected. Some analysts projected an inventory build and a small surge in demand ahead of tariffs. Trump might impose tariffs on …

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