One Option Trading Blog https://ift.tt/2UbD9CY Posted 9:30 AM ET - In the last week the market has gotten exactly the news it needed and this morning it will challenge the 100-day moving average. The G20 meeting between Trump and Xi went well and a 90-day deadline for a trade bill has been set. Last week “Fed speak” and the FOMC minutes were a bit more dovish and we could be entering the final stages of monetary tightening. The macro backdrop is deteriorating and without these two events the market would not have been able to bounce. We sold our SPY position last Friday at $275.50 for …
No comments:
Post a Comment