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Tuesday, October 15, 2019

The Market Will Follow the Trade Winds - They Are Currently At Our Back


One Option Trading Blog https://ift.tt/2IRGseA Posted 9:30 AM ET - Yesterday the market compressed in a very tight range and the gap from Friday held in light holiday trading. I view that as bullish from a technical perspective and stocks are up this morning as Q3 earnings season kicks off. Trade negotiations with China went well for those who think that a cease-fire is progress. China has tentatively agreed to purchase more agricultural products and to enforce intellectual property laws if the US cancels the next round of tariffs in December. Tariffs on $250 billion worth of Chinese goods were supposed to rise from 25% to …

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