Daily Commentary: January 12, 2018

Scott Green1Option Commentary

Dip This Week Lasted 1 Hour – Bid Is Strong and No Speed Bumps POSTED BY PETE STOLCERS ON JANUARY 12 www.oneoption.com Posted 9:30 AM ET – The market dipped early Wednesday and it spent the rest of the day recovering. Stocks gapped higher yesterday and the S&P 500 made a new all-time high. That pullback on Wednesday only lasted … Read More

Daily Commentary: January 11, 2018

Scott Green1Option Commentary

Dip Was Shallow – Market Will Consolidate Gains For A Few Days – Stay Long POSTED BY PETE STOLCERS ON JANUARY 11 www.oneoption.com Posted 9:30 AM ET – Yesterday the market pulled back after a huge week. The bid is still strong and stocks rebounded. This price action suggests that we need to consolidate gains at this level. I expect … Read More

Daily Commentary: January 10, 2018

Scott Green1Option Commentary

Respect the Stop and Try To Stay Long – This Dip Should Be Shallow POSTED BY PETE STOLCERS ON JANUARY 10 www.oneoption.com Posted 9:40 AM ET – The market has been on a tear since the beginning of the year. The S&P 500 rallied more than 60 points and we are giving some of that back this morning. It’s unusual … Read More

Daily Commentary: January 9, 2018

Scott Green1Option Commentary

Strong Market Tailwind – Keep Raising Stops – Take Profits Is We Stall POSTED BY PETE STOLCERS ON JANUARY 9 www.oneoption.com Posted 9:30 AM ET – The market staged a powerful breakout last week and the momentum continues. This rally has been marked by overnight strength and tight intraday ranges. Earnings season will begin this week and the bid should … Read More

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