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Thursday, February 21, 2019

Market Rally Is Out of Gas - Heed These Warning Signs


One Option Trading Blog https://ift.tt/2IBXCzg Posted 9:30 AM ET - The overnight news was extremely bullish, but the market is not moving higher. Trade talks with China are progressing and the framework has been forged. The S&P 500 jumped higher on the news and now it is down four points before the open. As I've been mentioning in my comments, a trade deal with China is largely priced into the market. The US submitted a memorandum with six structural issues: force technology transfer and cyber theft, intellectual property rights, services, currency, agriculture and not-tariff barriers to trade. An outline of 10 items that could reduce the …

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