One Option Trading Blog http://bit.ly/2RWkU2b Posted 9:30 AM ET - Yesterday the trading volume was anemic, but the market managed to stay above critical support at SPY $270. Optimism over a US/China trade deal and a US budget deal are fueling a pre-open rally. The S&P 500 is up 20 points before the open and the 200-day moving average is within striking distance. I am skeptical. Politicians struck a compromise that includes $1.4 billion for 55 miles of border fencing. That is not remotely close to the $5 billion Trump wants. He could veto the bill to show his dismay and sign it later under protest. …
No comments:
Post a Comment