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

Daily Commentary: December 12, 2017

Scott Green1Option Commentary

Stiff Market Headwind With Possible Profit Taking In January POSTED BY PETE STOLCERS ON DECEMBER 12 www.oneoption.com Posted 9:30 AM ET – The market continues to float higher on year-end strength. The Alabama elections tonight will be critical for Republicans. They finally have some momentum and the Senate margin is razor thin. Polls suggest a tight race. The budget needs … Read More

Daily Commentary: December 11, 2017

Scott Green1Option Commentary

Alabama Vote and FOMC Are Important – Wait For A Dip POSTED BY PETE STOLCERS ON DECEMBER 11 www.oneoption.com Posted 9:30 AM ET – Last Friday the market closed at a new all-time high. There are a couple of speed bumps this week and the action could be very subdued the next two days. The Alabama election is important and … Read More

Daily Commentary: December 8, 2017

Scott Green1Option Commentary

Market Headwinds Are Stiff – Go To Cash and Wait For A Dip POSTED BY PETE STOLCERS ON DECEMBER 8 www.oneoption.com Posted 9:30 AM ET – Last week the market shot higher on the Senate’s approval of a tax cut. That rally was tested and we have seen profit-taking. There are a few speed bumps for the remainder of the … Read More