Daily Commentary: January 8, 2018

Scott Green1Option Commentary

Market Is Strong – Stay Long Until We Get Close To the Debt Ceiling POSTED BY PETE STOLCERS ON JANUARY 8 www.oneoption.com Posted 9:30 AM ET – Last week the market started 2018 with a bang. The S&P 500 broke out and it rallied almost 60 points during the week. Strong follow-through and good volume suggests that we are going … Read More

Daily Commentary: January 5, 2018

Scott Green1Option Commentary

Market Running Higher – Beware If You See This Pattern POSTED BY PETE STOLCERS ON JANUARY 5 www.oneoption.com Posted 9:30 AM ET – This market has a full head of steam now that it has broken through the all-time high. We have seen strong follow-through all week and the S&P 500 is up eight points before the open. There is … Read More

Daily Commentary: January 4, 2018

Scott Green1Option Commentary

Market Breakout and Follow Through – Next Speedbump 2 Weeks Out POSTED BY PETE STOLCERS ON JANUARY 4 www.oneoption.com Posted 9:30 AM ET – This week the market rallied to a new all-time high and we can use that breakout as our stop. The follow-through has been incredibly strong and the S&P 500 is up pre-open. Stay long and use … Read More

Daily Commentary: January 2, 2018

Scott Green1Option Commentary

Slow Start To 2018 – Debt Ceiling Will Keep A Lid On the Market POSTED BY PETE STOLCERS ON JANUARY 2 www.oneoption.com Posted 9:30 AM ET – Happy New Year. The tax bill is signed and the debt ceiling/budget will be negotiated in the next two weeks. Democrats will flex their muscles and this could be an ugly battle. This … Read More

Daily Commentary: December 28, 2017

Terrie Amengual1Option Commentary

Tax Cuts vs Debt Ceiling – Look For A Quiet Start To 2018 POSTED BY PETE STOLCERS ON DECEMBER 28 www.oneoption.com Posted 9:30 AM ET – Tax cuts, a strong economy and good earnings will keep buyers engaged. The debt ceiling negotiations will keep a lid on the rally. Look for a very quiet start to 2018. Wait for a … Read More

Daily Commentary: December 27, 2017

Terrie Amengual1Option Commentary

Market Will Tread Water This Week – Banner Year for Stocks POSTED BY PETE STOLCERS ON DECEMBER 27 www.oneoption.com Posted 9:30 AM ET – I have nothing new to add. Seasonal strength, tax cuts and economic growth are keeping a bid to the market. Upcoming debt ceiling and budget negotiations are keeping a lid on the rally during quiet holiday … Read More

Daily Commentary: December 26, 2017

Terrie Amengual1Option Commentary

High Flying Stocks Are Vulnerable to Profit Taking POSTED BY PETE STOLCERS ON DECEMBER 26 www.oneoption.com Posted 9:00 AM ET – This is historically one of the slowest trading weeks of the year. The news is light and seasonal strength should keep a bid to the market. I expect to see a little profit-taking next week. Stocks that have rallied … Read More

Daily Commentary: December 22, 2017

Scott Green1Option Commentary

Spend Your Profits On Those You Love – Merry Christmas POSTED BY PETE STOLCERS ON DECEMBER 22 www.oneoption.com Posted 10:30 AM ET – This has been a fantastic year for 1Option and its customers. In fact, it’s been a banner year for all investors. Gains like these don’t come around very often. A few potential speed bumps lie ahead, but … Read More

Daily Commentary: December 21, 2017

Scott Green1Option Commentary

Count Your Money and Your Blessings – Wait For A Dip POSTED BY PETE STOLCERS ON DECEMBER 21 www.oneoption.com Posted 9:30 AM ET – My narrative hasn’t changed much this week. The tax bill is priced in and SPY $270 will likely be the high of the year. Stocks rallied out of the gate yesterday and the gains were given … Read More

Daily Commentary: December 20, 2017

Scott Green1Option Commentary

Market Headwinds – Signs of Profit Taking – Cash Is King POSTED BY PETE STOLCERS ON DECEMBER 20 www.oneoption.com Posted 12:00 PM ET – Yesterday we saw a light round of profit-taking. As I mentioned in my comments the headwinds are blowing. A tax bill will get passed this week and that is priced into the market. I still believe … Read More