Thursday, December 15th, 2016

Market trying to make new highs

We are about to take out 2007 highs. After a scary job report last Friday bulls are back with solid push to the upside as you can see in the indexes. The job report was bad overall, but the Feds are on the side of bulls. The printing presses are running overtime and the QE4 or whatever the new name is in full swing pumping liquidity in the markets. SPX, RUT and DJI all experienced a bullish ride today.  Bad news is being shrugged off and passed as good news. When ever there is a pullback or down move its remains shallow and met with consistent buying all this year.

GOOG remains stuck right above its long trem trend line unable to move higher. The stock action is now disjointed with the general market. LNKD made a head fake to the upside but was overcome quickly and doused to the downside. AAPL remains as a bottom dweller and the broken stock and chart is now considered a buy by some.

Overall market and price action has been bullish so far this week.

15 day Premiun Membership Trial $7

Here is what you will get

* Market commentary via state of the art video 4 times a week

* All the option trades posted in the members area and options graps

* Current options strategies that are working in this market

* Portfolio of 4-6 trades a month

* 1-2 High probability trades in indexes or stocks options.

* Advisory when the trade the markets or when to hold back

* Speical Market reports and outlook

* Emails to your inbox

Total Regular Membership $49

Your trial for 15 days $7

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!