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Monday, November 5, 2018

Here’s the Most Bullish Scenario - Wait For Clarity Thursday


One Option Trading Blog https://ift.tt/2D2jVJY Posted 9:30 AM ET - A week ago the bottom fell out of the market and a support level was established at SPY $262.30. Stocks bounced off of that low, but we are not off to the races. Soft guidance from Apple cast a shadow over the market Friday. Job growth is strong and domestic economic data points are solid. The elections this week and the FOMC statement will determine market direction for the final months of 2018. Look for choppy trading the next two days. Earnings season is winding down and the results for Q3 have been good. The S&P …

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