One Option Trading Blog https://ift.tt/2RRvsRU In my morning comments I referenced the Coronavirus as a potential problem. Many of you are asking yourself if this market decline is for real and you are wondering if we might see a bounce into the close. Here are some reasons that I don't think the market will bounce today. Are stock valuations so compelling that Asset Managers don't feel like they will have another chance to buy stocks? No. At a forward P/E of 18, stocks are at the upper end of the valuation range. Earnings season has barely started and the results have been good, but they will …
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