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Daily Option Trading Commentary

Market Will Float Higher - Average Gain Is 1.6% In the Last Week of Trading

December 22
This is a holiday shortened week and the news is light. Trading volumes will come to a crawl and there will be an upward bias. Money Managers are rewarded for performance and a year-end rally is good for everyone. Even a small bid can push stocks higher on light volume. Over the last 10 years, the average increase during the last week of trading is 1.6%. Stay long and stay small. Durable goods orders and GDP will be released this week. Both reports should be market friendly. Focus on stocks that are in an uptrend, held up well during the…
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