Daily Commentary: May 11, 2018

Terrie Amengual1Option Commentary

Ride the QQQ Calls and Use This Intraday Stop To Lock In Profits Posted by Pete Stolcers on May 11 www.oneoption.com The political events that have been weighing on the market are being resolved. The S&P 500 closed above its 100-day MA and that is bullish. Technical support will solidify if it is able to stay above that level for … 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

Daily Commentary: December 26, 2017

Terrie Amengual1Option Commentary

High Flying Stocks Are Vulnerable to Profit Taking POSTED BY PETE STOLCERS ON DECEMBER 26 www.oneoption.com Posted 9:00 AM ET – This is historically one of the slowest trading weeks of the year. The news is light and seasonal strength should keep a bid to the market. I expect to see a little profit-taking next week. Stocks that have rallied … Read More