One Option Trading Blog https://ift.tt/31kPNlu Posted 9:30 AM ET - The trading volume this week has been dismal. Traders are waiting for the next market moving news and earnings releases have kept buyers mildly engaged. The results have been good, but valuations are a bit stretched at a forward P/E of 17. Swing traders should protect profits in their bullish put spreads, many of which will expire today. We will wait for the next market dip and reload. The daily chart from the beginning of the year reveals that light volume near the all-time high has been bearish. Asset Managers do not want to chase stocks …
No comments:
Post a Comment