I Am Bearish – This Support Level Needs To Hold – Major Event Tuesday Posted by Pete Stolcers on November 12 www.oneoption.com Posted 9:30 AM ET – Last week we got two important pieces of information. The Democrats won the House and the Fed remains hawkish. Both outcomes are bearish and sellers are taking advantage of seasonal strength. Unless Trump … Read More

Fed Is Hawkish and I Am Bearish – That Was the Last Chance For A Year-end Rally Posted by Pete Stolcers on November 09 www.oneoption.com Posted 9:30 AM ET – My bias is bearish. Democrats control the House, the Fed is hawkish and trade deals (China/EU) are nowhere in sight. Global economic activity is soft and Q4 comps will be … Read More

Will the FOMC Put Coal In Our Stockings? Critical Day For the Market Posted by Pete Stolcers on November 08 www.oneoption.com Published 9:30 AM ET – In my market comments I’ve been telling you that there are three things that need to happen for the market to have a sustained rally. First of all, Republicans needed to maintain control of … Read More

FOMC STATEMENT THURSDAY WILL DETERMINE THE YEAR-END RALLY Posted by Pete Stolcers on November 07 www.oneoption.com Posted 9:30 AM ET – The elections are over and the market has some clarity. Republicans will gain two seats in the Senate and Democrats will control the House by an estimated seven seats. Unlike 2016, the polls got it right. The S&P 500 … Read More

A SPLIT CONGRESS WOULD BE MARKET NEUTRAL – FOMC WILL BE CRITICAL THURSDAY Posted by Pete Stolcers on November 06 www.oneoption.com Posted 9:30 AM ET – This is the moment we’ve been waiting for. Today voters will decide if Trump’s agenda is working for them. A split decision where Democrats win the House and Republicans maintain the Senate would be … Read More

Here’s the Most Bullish Scenario – Wait For Clarity Thursday Posted by Pete Stolcers on November 05 www.oneoption.com Posted 9:30 AM ET – A week ago the bottom fell out of the market and a support level was established at SPY $262.30. Stocks bounced off of that low, but we are not off to the races. Soft guidance from Apple … Read More

MARKET WANTS TO BOUNCE – WAIT FOR CLARITY NEXT WEDNESDAY Posted by Pete Stolcers on November 02 www.oneoption.com Posted 9:30 AM ET – Yesterday the market finally survived the last hour of trading. Stocks closed on their high of the day and the long-awaited bounce could be starting. We still need to get through the FOMC and the elections next … Read More

THESE ARE BEARISH SIGNS FOR THE MARKET – MY BIAS HAS SOURED Posted by Pete Stolcers on November 01www.oneoption.com Posted 9:30 AM ET – Yesterday the market staged an impressive rally and I thought that we might finally break the cycle of weakness in the last hour of trading. The S&P 500 was up over 50 points and it gave … Read More

RELIEF RALLY WILL BE TENUOUS – STAY IN CASH FOR 1 MORE WEEK Posted by Pete Stolcers on October 31 www.oneoption.com Posted 9:30 AM ET – Yesterday the price action was extremely choppy with 20 point S&P moves in both directions. The final move was to the upside and this is the first decent close we’ve had in weeks. This … Read More

WEDNESDAY NOV 7 WILL BE A CRITICAL DAY FOR THE MARKET – CASH IS KING Posted by Pete Stolcers on October 30 www.oneoption.com Posted 9:30 AM ET – Yesterday we saw another opening gap higher and another fade. Stocks have been in a bearish pattern of higher opens and lower closes. This will be a busy week of economic releases … Read More