One Option Trading Blog https://ift.tt/38gnmfs Posted 9:30 AM ET - This week the S&P 500 rallied more than 7% and that is a typical post-election reaction. Republicans will retain control of the Senate and the Trump tax cuts are likely to remain. The FOMC statement was extremely dovish yesterday and an interest rate hike is not likely before 2022. Politicians will return to DC next week and both parties have vowed to focus on a stimulus bill. The Coronavirus is spreading and small businesses need this lifeline. Seasonal strength will fuel the next leg of this rally and we are likely to challenge the all-time high …
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