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Tuesday, May 14, 2019

Day Traders Watch For This Move Early - Swing Traders Stay In Cash


One Option Trading Blog http://bit.ly/2VjjjVD Posted 9:00 ET AM - Yesterday the S&P 500 fell more than 70 points and it closed near its low of the day. Trade negotiations with China are strained and both countries imposed new tariffs. Investors expected a trade deal and surprise favored the downside. Stocks will open a little higher this morning, but the downside will be tested. In a statement Trump said that he still believes a deal can be reached in the next few weeks and he plans to meet with Xi at the G20 meeting in June. This calmed nerves and overseas markets are trading a little …

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