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Tuesday, November 19, 2019

This News Could Spoil the US/China Trade Truce - Swing Traders Be Careful


One Option Trading Blog https://ift.tt/2OuIaEH Posted 9:30 AM ET - Yesterday the market made another new closing high - the sixth in a row. Global uncertainty is no longer providing a headwind and stocks are floating higher in a light news cycle. US/China trade negotiations are moving forward and other trade agreements are also promising. The gradual drift higher will continue as long as the market doesn't get ahead of itself. Trade officials are commenting that the final "brush strokes" are being applied to the US/China trade truce. The market is pricing this agreement in. Democrats plan to approve the USMCA trade agreement and that would …

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