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

Daily Commentary: December 19, 2017

Scott Green1Option Commentary

Trump Will Sign the Tax Bill This Week – SPY $270 In Reach POSTED BY PETE STOLCERS ON DECEMBER 19 www.oneoption.com Posted 9:30 AM ET – Yesterday the market made a new high. The House will vote on the tax bill today and the Senate will vote tomorrow. It should be on Trump’s desk this week and the market is … Read More

Daily Commentary: December 18, 2017

Scott Green1Option Commentary

Tax Bill Rally – Stay In Cash and Wait For A Dip POSTED BY PETE STOLCERS ON DECEMBER 18 www.oneoption.com Posted 9:40 AM ET – The market is breaking out to another new high on the notion that the tax bill will be signed this week. Dovish comments from the Fed are also fueling the move. Unfortunately, good news is … Read More

Daily Commentary: December 14, 2017

Scott Green1Option Commentary

Dovish FOMC Does Not Spark Rally – Market Rally Hitting Resistance POSTED BY PETE STOLCERS ON DECEMBER 14 www.oneoption.com Posted 9:30 AM ET – The market is inching its way higher and the headwinds are blowing. I believe the SPY will stall at $270. When stocks can’t rally on good news a red flag is raised. Yesterday the FOMC said … Read More

Daily Commentary: December 13, 2017

Scott Green1Option Commentary

Market Doesn’t Care About Senate – It Just Wants Tax Cuts POSTED BY PETE STOLCERS ON DECEMBER 13 www.oneoption.com Posted 9:30 AM ET – Last night Jones won the Alabama election and Republicans lost a Senate seat. The GOP only has a single vote advantage and it will be harder than ever to pass legislation. For the time being, the … Read More