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

Morning Preview: December 28, 2017

Terrie AmengualDaily Market Report

Early Look Thursday, December 28, 2017 U.S. stock futures are pointing to a higher open, looking to trade back near all-time highs again as oil prices remain around 2 ½ year highs and as investors await a busy round of economic data. The small gains come after all three benchmarks closed slightly higher on light volume Wednesday. Overall, given the … Read More

Market Review: December 27, 2017

Terrie AmengualDaily Market Report

Closing Recap Wednesday, December 27, 2017 Equity Market Recap ·      U.S. stocks ended the day mixed, falling from earlier highs in a slow, low volume trading day in this holiday shortened week. Gold rises a fifth day to 3-week highs while the dollar index hit a 3 ½ week low on mixed economic data. Oil prices slipped from 2 ½ … Read More

Mid Day Outlook: December 27, 2017

Terrie AmengualDaily Market Report

Mid-Morning Look Wednesday, December 27, 2017 Equities are quietly holding early gains, looking to rebound off slightly lower levels yesterday, but still on track to close out the final week of the trading year with solid gains across the board and near all-time record closing higher. Stocks have been buoyed this year by strong earnings, positive investor sentiment as the … 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

Morning Preview: December 27, 2017

Terrie AmengualDaily Market Report

Early Look Wednesday, December 27, 2017  Stock futures are slightly higher after a lackluster trading session Tuesday saw stocks end little changed. U.S. stocks slipped yesterday, led by a small decline in technology stocks, which offset strong gains in retail following a report of strong holiday sales while a surge in crude-oil futures took the commodity to a 2½-year high (lifting … Read More

Morning Preview: December 26, 2017

Terrie AmengualDaily Market Report

Early Look Tuesday, December 26, 2017 U.S. stocks futures are trending slightly lower in a light volume session overnight as investors return from the Christmas holiday weekend, with major averages remaining but a “stones throw” away from record all-time highs as we enter the final week of trading for the year. Coming into this final week of 2017 the Dow … 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