Daily Commentary: June 28, 2018

Scott Green1Option Commentary

DAILY OPTION TRADING COMMENTARY Posted by Pete Stolcers on June 28 www.oneoption.com Heated rhetoric between Trump and our global trading partners has investors on edge. The S&P 500 breached critical support at the 100-day MA and we are likely to see additional weakness today. China raised the stakes when it said that it would stop buying US treasuries. The S&P … Read More

Daily Commentary: June 27, 2018

Scott Green1Option Commentary

Market Not Afraid of A Trade War – Here’s Why – Use This Strategy Posted by Pete Stolcers on June 27 www.oneoption.com The market is discounting the threat/impact of trade wars. Yesterday stocks rebounded after the 100-day moving average was tested on Monday. The rally was tenuous, but buyers are engaged. Major economic releases will be strong next week and … Read More

Daily Commentary: June 26, 2018

Scott Green1Option Commentary

Market Focus Will Shift To Econ and Profits In A Week – I’m Ready To Buy Posted by Pete Stolcers on June 26 www.oneoption.com Yesterday the market tanked as the threat of a trade war increased. Relationships between the US and its trading partners have deteriorated. Retaliatory tariffs are being imposed and investors reduced risk. The S&P 500 tested the … Read More

Daily Commentary: June 25, 2018

Scott Green1Option Commentary

Trade War Rhetoric and Light News Cycle Weighs On Market – Use This Stop Posted by Pete Stolcers on June 25 www.oneoption.com The market has been able to shoulder heated trade war rhetoric for the last month, but tension with our trading partners is high. Trump said that he would block Chinese takeovers if the domestic company had significant industrial … Read More

Daily Commentary: June 22, 2018

Scott Green1Option Commentary

Market Wants To Rally – News Is Light – Stay Long and Use This Stop Posted by Pete Stolcers on June 22 www.oneoption.com Yesterday the market took a breather. The news has been fairly light and the SPY is compressing near the upper end of its range. Tech stocks and small caps are strong on a relative basis. Thursday’s losses … Read More

Daily Commentary: June 21, 2018

Scott Green1Option Commentary

Ride These Calls – The Market Is Going To Grind Higher Posted by Pete Stolcers on June 21 www.oneoption.com The narrative has not changed much overnight. The market has been able to shoulder negative news and it wants to grind higher. Tech stocks and small caps are leading the charge. The NASDAQ 100 and Russell 2000 are making new highs. … Read More

Daily Commentary: June 20, 2018

Scott Green1Option Commentary

Buy Calls On This Index Now – Market Is Going Higher Posted by Pete Stolcers on June 20 www.oneoption.com Yesterday we saw how resilient the market is. A trade war between China and the US is unfolding and investors are not deterred. After an initial drop, stocks spent the rest of the day recovering. That reversal paved the way for … Read More

Daily Commentary: June 19, 2018

Scott Green1Option Commentary

Bulls Will Get Flushed Out – Stay In Cash – We Are Going To Buy This Dip Posted by Pete Stolcers on June 19 www.oneoption.com Trade negotiations between the US and China have broken down. Trump has asked his advisers for an additional $200 billion worth of goods that could be subjected to a 10% tariff. China said that the … Read More

Daily Commentary: June 18, 2018

Scott Green1Option Commentary

Market Hates Trade Wars – Here’s How To Trade This Drop Posted by Pete Stolcers on June 18 www.oneoption.com Last week the market showed incredible resilience as it fended off negative news. That is a bullish sign and I only want to trade from the long side. Potential trade wars and higher interest rates are sparking a light round of … Read More

Daily Commentary: June 15, 2018

Scott Green1Option Commentary

Stay In Cash – Trade Wars Unfolding – We Will Wait For Support Posted by Pete Stolcers on June 15 www.oneoption.com Yesterday the NASDAQ 100 made a new all-time high and tech stocks are led the market rally. Buyers have ignored a number of negative news events this week and stocks have been extremely resilient. This morning we learned that … Read More