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Thursday, June 13, 2019

Short the Gap Up This Morning - Dull Trading Ahead


One Option Trading Blog http://bit.ly/2MP6H9K Posted 9:30 PM ET - Yesterday the market traded in a tight range and lackluster trading will continue for another week or two. The news is light and the upward momentum from the bounce has stalled. Trade negotiations with China are strained and I don't believe we will see a deal before the 2020 election. China is preparing fiscal and monetary stimulus to prop up growth. This signals that they are preparing for a prolonged trade war. Trump has threatened to raise tariffs if Xi does not attend the G20 meeting on June 28th. Huawei is still blacklisted and we can …

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