Market Review: Metals Resilient as Banks Charge Higher

eOptionDaily Market Report

Equity Market Recap Stock market surges (AGAIN), setting new all-time highs (AGAIN) for major averages, as fear remains absolutely non-existent in this market environment. Investors continue to take any and all opportunities to scoop up stocks, as optimism grows that President Trump policies will lift economic growth. Markets were unphased by Fed Chair Janet Yellen’s testimony on Capitol Hill regarding … Read More

Market Review: Sell Button – Do You Actually Need It?

eOptionDaily Market Report

Equity Market Recap ·      Stocks surge, with momentum firmly to the upside, as the main U.S. stock indexes touch record highs and the S&P 500 topped $20 trillion in combined market-capitalization for the first time ever. The “Trump trade” continues amid ongoing optimism that his policies will jump start a U.S. economy that has been stagnant for years with lower … Read More

Market Review: Retail Finally Ready, Or Just More Rotation?

eOptionDaily Market Report

Equity Market Recap U.S. stock markets surge on more hopes, as major indexes touched their latest in a series of intraday records led by gains in energy and financial stocks. President Trump said this morning he will announce “something on taxes in next 2-3 weeks” (Trump called the tax promise “phenomenal”) and reiterates plan to roll back regulations. There was … Read More

Market Review: The Back and Forth is Designed to be Traded, Not Swung

eOptionDaily Market Report

Equity Market Recap It was another lackluster trading session for U.S. stocks, ending mixed with small caps underperforming again as major averages struggle for direction…but, still hold near all-time highs (another record close for the NASDAQ). Markets have yet to show any type of fear since the election results, as the S&P cash has rallied from a 2,083 level on … Read More

Market Review: Did You Buy The Highs?

eOptionDaily Market Report

Published with permission from the options flow and sweep specialists at Sanglucci.com. While the overnight was relatively quiet, pent up action came with Premarket trading today as buyers pressed the SPY into another fresh all time high. But with the action taking place before the ringing of the opening bell, we’ve got to ask. Does it count, or is it … Read More

Market Review: Premarket Pops

eOptionDaily Market Report

Published with permission from the options flow and sweep specialists at Sanglucci.com. Another grinding overnight was met with a premarket pop as the SPY watched markets peg yet another fresh all time high. But come time for the regular session, momentum slowed and a choppy day took hold. But, the slowdown in action provided sharks with an opportunity to reload … Read More

Market Review: New Market Getting Saucy

eOptionDaily Market Report

Published with permission from the options flow and sweep specialists at Sanglucci.com. It was another week full of headlines with little material change to the underlying sentiment of the market. With another 5 days passing, we’re closer to the end of earnings season, which has largely kept the SPY in check. But that didn’t stop markets from making another run … Read More

Market Review: Just Sitting Here

eOptionDaily Market Report

Published with permission from the options flow and sweep specialists at Sanglucci.com. Another night of some interesting back and forth action gave way to an open that was hell bent on giving highs a run. The SPY, initially receptive to the buying, would come to stall out early in the day and a session long game of back and forth … Read More

Market Review: There’s a Range

eOptionDaily Market Report

Published with permission from the options flow and sweep specialists at Sanglucci.com. The late run up kept the mojo flowing into and through the overnight session, as the SPY would wake up to a nice little gap. But with the opening hour of trading came a wave of selling pressure that would press indexes off highs and back towards the … Read More

Market Review: It’s a Market

eOptionDaily Market Report

Published with permission from the options flow and sweep specialists at Sanglucci.com. An overnight full of action had night-desks waking up traders well before alarms this morning. It seems that the Chinese holiday has created a vacuum during the overnight that domestic firms plan on taking advantage of. The SPY would start the day slightly lower, but with the ringing … Read More