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Daily Option Trading Commentary

The Dark Clouds Are Parting and Seasonal Strength Should Float the Market Higher

December 13
Posted 9:30 AM ET - PRE-OPEN MARKET COMMENTS FRIDAY - Boris Johnson won in a landslide victory and England will exit the EU by January 31st. Market uncertainty is decreasing and major issues are being resolved. Seasonal strength should float the market higher into year-end. England is likely to exit the EU before January 31st. This will remove market uncertainty. The White House said that it has a Phase 1 agreement with China and that the new tariffs scheduled for Sunday will be delayed. This dark cloud has parted. Democrats took a USMCA victory lap this week and it will…

 

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