One Option Trading Blog https://ift.tt/2tlYC3l Posted 9:30 AM ET - PRE-OPEN MARKET COMMENTS WEDNESDAY - Yesterday the market rallied to a new all-time high and it pulled back on recycled news. The S&P 500 closed right where it started (doji) and you can see the tiny candle on a daily chart. We can expect stiff headwinds with stocks trading at the upper end of their valuation range. The news cycle is light this week, but it will improve next week as earnings season unfolds. The US/China Phase 1 deal will be signed today and there will not be any new negotiations before the November elections. This …
No comments:
Post a Comment