This Is What I Expect the Market To Do Today. Context Is Critically Important To Your Trading Plan Posted by Pete Stolcers on September 02 www.1option.com   We are getting a heavy dose of economic news this week and so far it has little to no market impact. The jobs report and ISM services will be released Friday. Central bank … Read More

This Pattern Is a Warning If It Happens In the First 30 Minutes of Trading Posted by Pete Stolcers on September 01 www.1option.com   Central bank money printing has forced investors to buy equities. All of this money has to go somewhere and bond yields don’t keep pace with inflation (negative real returns). In the last 25 years the S&P … Read More

The Market Has Only Done This 3 Times In the Last 25 Years Posted by Pete Stolcers on August 31 www.1option.com   Last Friday the market rejoiced when the Fed Chairman said that he is not in a hurry to raise interest rates or to taper. The market is addicted to easy money and this was music to its ears. … Read More

This Is What the Market Is Likely To Do This Week Posted by Pete Stolcers on August 30 www.1option.com   Last Friday the market rejoiced when the Fed Chairman said that he is not in a hurry to raise interest rates or to taper. The market is addicted to easy money and this was music to its ears. This will … Read More

The Set-up This Morning Is My Favorite For Day Trading Posted by Pete Stolcers on August 26 www.1option.com   My comments have not changed in the last two days. The market has established a distinct pattern this year marked by sudden drops that last for a few days and violent snap back rallies that result in a new all-time high. … Read More

S&P 500 Has Only Done This 3 Times Before In 25 Years Posted by Pete Stolcers on August 24 www.1option.com The market has established a distinct pattern this year marked by sudden drops that last for a few days and violent snap back rallies that result in a new all-time high. The cycle is completed by a very gradual light … Read More

Nice Snap Back Rally For the Market – But It Has Not Advanced During the Last Month Posted by Pete Stolcers on August 23 www.1option.com   PRE-OPEN MARKET COMMENTS MONDAY – Last week the market probed for support and buyers stepped in before the 50-day MA was tested. The snap back rally was violent the last 2 days and buyers … Read More

Market Bounce Could Be A Bull Trap – Be Careful Posted by Pete Stolcers on August 20 www.1option.com   PRE-OPEN MARKET COMMENTS FRIDAY – I am going to keep my market comments brief today. For more detailed analysis, please refer to my pre-open market comments from earlier in the week. The market is within striking distance of the all-time high, … Read More

Market Drop Was Right On Cue – Here Is How I Am Trading Options Today Posted by Pete Stolcers on August 19 www.1option.com   The market was poised for a drop and I have been urging readers to trim long positions heading into options expiration. The FOMC minutes will be blamed for the market decline, but the signs of selling … Read More

These Technical Clues Tell Me the Market Is Running Out of Gas Posted by Pete Stolcers on August 18 www.1option.com   The S&P 500 is within striking distance of the all-time high, but it does not have a catalyst. There were a few technical “cracks in the dam” yesterday and I describe them in the day traders section below. The … Read More