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Wednesday, January 8, 2020

Market Bid Is Strong - Use This Option Trading Strategy Into Earnings Season


One Option Trading Blog https://ift.tt/2T3DFoo Today's stock market forecast is neutral. Traders are ignoring the conflict in the Middle East and an overnight 400 point drop in the Dow Jones reversed after the Iranian missile attacks. The impeachment hearings have not had an impact from the start. Stocks want to move higher, but the move is over-extended technically and fundamentally. Profit-taking during the first week has been minimal and the dip Friday and Monday did not even register a blip on the radar. Rightfully, traders are focused on the USMCA and the Phase 1 deal with China. Those will have a much bigger impact on economic …

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