Ride the Rally and Keep Raising Your Stop Posted by Pete Stolcers on April 18 www.1option.com The market has been gradually floating higher and it is within striking distance of the all-time high. China’s economic data was good and it seems that growth has stabilized. Flash PMI’s this morning were soft in Europe and Japan. Traders are focused on earnings … Read More

China’s Growth Back On Track – Key To Market Rally Posted by Pete Stolcers on April 17 www.1option.com As the market inches higher we will raise our safety net. Earnings season has started and the results so far have been good. China’s numbers suggest that conditions are gradually improving and stocks are up before the open this morning. Banks have … Read More

Market Will Test All-time High – China’s Numbers Will Be Important Posted by Pete Stolcers on April 16 www.1option.com The market is waiting for a catalyst and earnings could push stocks to an all-time high. Valuations are at the upper end of their range and good news is priced in. Buyers are typically engaged through mega cap tech announcements and … Read More

Bank Profits Strong – China Trade Numbers Mixed Posted by Pete Stolcers on April 15 www.1option.com Earnings season has started and the market needs a catalyst. The headwinds are strong and the S&P 500 is 2% from its all-time high. Banks posted excellent results Friday and they will dominate the scene this week. Higher interest rates have been good for … Read More

Bank Profits Strong – China Trade Numbers Mixed Posted by Pete Stolcers on April 12 www.1option.com The market has been as flat as a pancake this week and traders are waiting for a catalyst. Earnings season will determine direction and major banks have reported results this morning. Financial stocks are rallying and the S&P 500 will open 20 points higher. … Read More

JPM Earnings Friday – But There Is A More Important Release Posted by Pete Stolcers on April 11 www.1option.com The market is waiting for its next catalyst and it is 2% from the all-time high. Earnings season will begin tomorrow and analysts believe that this could be the first time in three years that profit growth recedes. Stocks are trading … Read More

Brextension and FOMC Minutes Should Be Market Friendly Posted by Pete Stolcers on April 10 www.1option.com Yesterday the market took a breather and we saw late day selling for the first time in weeks. The headwinds are blowing as we approach the all-time high. Earnings season will start Friday and the expectations are high. Reuters reported that profit margins will … Read More

New Trade War About To Begin – Watch the Brexit News Posted by Pete Stolcers on April 9 www.1option.com The news is light and that favors the upward momentum. Buyers are optimistic that earnings will be good and major banks start reporting on Friday. The headwinds are blowing and the S&P 500 is only 2% below its all-time high. Investors … Read More

Ride the Rally – Use Intraday Stops – Earnings Start Friday Posted by Pete Stolcers on April 8 www.1option.com Last week the market surged through horizontal resistance and it finished 2% below its all-time high. A better than feared PMI in China sparked buying on Monday and solid domestic economic results throughout the week fueled the momentum. Earnings season will … Read More

Jobs Rebound and Market Momentum Is Strong – Raise Stops Posted by Pete Stolcers on April 5 www.1option.com This has been a strong week for the market. It has been moving higher on positive economic numbers from China and constructive trade negotiations. Domestic economic releases have been mixed and the jobs report this morning was back on track. The US … Read More