Options / Finance

Trading Will Be Great In 2017 - Buy On Support At SPY $221

From One Option Trading Blog
January 3, 2017 - 9:37am
Posted 9:00 AM ET - Happy New Year! 2017 is going to be fantastic for trading. Trump likes to keep everyone off balance and that spells market volatility. Janet Yellen said that the Fed will hike three times this year and that is much more aggressive than expected. The S&P 500 has broken out of its range and we will see some nice rallies and a few dips. I mentioned in my comments last week that the drift lower last week was meaningless. It came on light volume and "window dressing" played a role. The S&P 500 is up 16 points …

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