Daily Commentary: October 20, 2017

Regal Helpdesk1Option Commentary

That Was Your Chance To Get Long – Ride Your Calls POSTED BY PETE STOLCERS ON OCTOBER 20 Posted 9:30 AM ET – Stocks are heading higher this morning after hitting a speedbump Thursday. That was the “nasty” day I have been referring to the last two weeks and the damage was contained. That is a bullish sign. Catalonia Spain … Read More

Daily Commentary: October 12, 2017

Regal Helpdesk1Option Commentary

Market Will Strengthen Next Week – Buy the Dip or the Breakout POSTED BY PETE STOLCERS ON OCTOBER 12 Posted 9:00 AM ET – The market is trapped in a tight range just below the all-time high. Earnings season should attract buyers, but I still fear that we are in for a “nasty” day before we breakout. That drop and … Read More

Daily Commentary: 1Option

Regal Helpdesk1Option Commentary

Market Due For A “Nasty” Day – Weather the Storm and Stay Long POSTED BY PETE STOLCERS ON OCTOBER 11 Posted 9:30 AM ET – Trading volume is extremely light and daily trading ranges are compressed. Thankfully, earnings season will begin Thursday and the action should pick up next week. Bullish speculators need to be shaken out before we can … Read More

Daily Commentary: 1Option

Regal Helpdesk1Option Commentary

Market Wants Float Higher – Stay Long and Weather Speed Bumps POSTED BY PETE STOLCERS ON OCTOBER 9  Posted 9:30 AM ET – The market staged a nice breakout last week and we are seeing follow-through this morning. Tech stocks have lagged, but they should catch up as earnings season begins. Any dip will be a buying opportunity. Equity markets … Read More

Daily Commentary: 1Option

Regal Helpdesk1Option Commentary

Buy This Dip – Bullish Specs Will Get Flushed Out Today – Jobs Are Fine POSTED BY PETE STOLCERS ON OCTOBER 6 Posted 9:30 AM ET – Yesterday the market broke out to a new all-time high and tech stocks participate. The QQQ broke through horizontal resistance and we should see a rotation back into this sector ahead of earnings … Read More

Daily Commentary: 1Option

Regal Helpdesk1Option Commentary

1-Day Market Drop Likely Next Week – Good Time To Roll Your Calls POSTED BY PETE STOLCERS ON OCTOBER 5 Posted 9:30 AM ET – The market is floating higher on low volume. Daily trading ranges are compressed while we wait for a catalyst. Earnings season begins next week and that should attract buyers. ADP was a little light yesterday … Read More

Daily Commentary: 1Option

Regal Helpdesk1Option Commentary

Market Momentum Points Higher – Good Econ Data Will Help POSTED BY PETE STOLCERS ON OCTOBER 3 Posted 9:30 AM ET – The S&P 500 and Russell 2000 continue to march higher. Tech stocks are relatively soft and we can expect the bid to strengthen as earnings season approaches. Economic reports should be market friendly and I’m expecting this rally … Read More

Daily Commentary: 1Option

Regal Helpdesk1Option Commentary

Market Breakout – Ride the Calls You Bought Last Week – More Upside POSTED BY PETE STOLCERS ON OCTOBER 2 Posted 9:00 AM ET – Last Friday the market broke out to a new all-time high. Good economic news over the weekend is overshadowing the horrific shooting in Las Vegas. Stocks are poised to move higher ahead of earnings season. … Read More

Daily Commentary: 1Option

Regal Helpdesk1Option Commentary

Market Ready To Run – We Bought Calls Yesterday – Ride Them POSTED BY PETE STOLCERS ON SEPTEMBER 27  Posted 9:30 AM – The market continues to look for a catalyst and earnings season will provide the fuel we need to breakout. Tech stocks have pulled back and they have excellent upside. The QQQ bounced off of the 100-day MA … Read More

Daily Commentary: 1Option

Regal Helpdesk1Option Commentary

Buy Calls On Tech Stocks – Use This Level On QQQ As Your Stop POSTED BY PETE STOLCERS ON SEPTEMBER 26 Posted 9:30 AM ET – Yesterday the market probed for support and the SPY bounced before it challenged $248. Tech stocks have been weak relative to the S&P 500 and we are seeing a rotation out of this sector … Read More