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Daily Option Trading Commentary

Market Spikes To A New High - The Punch Bowl Is Overflowing - Take Some Profits!

November 21
Posted 9:30 AM ET - Last night I hosted a webinar Wednesday and I found a bunch of new trades. CLICK HERE TO WATCH The punch bowl is overflowing. Draghi is rambling about additional QE, Japan launched a massive QE program two weeks ago, the Fed kept "considerable time" in its statement and today the PBOC lowered rates for the first time in two years. The S&P 500 is up 18 points before the open. Before we get too excited, we have to ask ourselves why all of this liquidity is being injected into the…
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