Follow Us: TwitterFacebookRSS feed
daily chart

Daily Option Trading Commentary

The Market Is At the Mercy of Politicians - 75% Chance of Budget Extension

January 19
Posted 9:30 AM ET - The market won't worry about the budget… until it has to worry about the budget. Stocks have enjoyed a good week and investors have given politicians the benefit of the doubt. Yesterday the House agreed to extend the budget. The more difficult vote will come in the Senate today and it has to be passed before midnight. This event has been marked on the calendar for a month and it is not a surprise. In fact, it's the only thing keeping a temporary lid on this rally. The economic news has been strong this week.…
Our research site is
www.oneoption.com
Try both chat rooms
$1 Trial - 1 Week

 

Stock Option Trading Education