Core Commentary for 12/14

Posted at: December 12th - 2:53 PM

Monthly Option Alert

Alert Message

Welcome to our new customers.The past week has been tough on most stocks. This week I expect a turn around. The Federal Reserve meets Tuesday and Wednesday and that should bring some fireworks into the markets.  Next is oil, oil is the wild card. If oil continues to fall the stock market will follow. I hope everyone had a chance to read the pre-trade analysis for December. I would not expect huge numbers but a few stocks that have good relative strength will be issued at 3:30pm et today for a buy as close to the close as possible.

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All options are buy to open, sell to close. Options follow the following format: Stock + Expiration Date + Option Type + Strike Price. Example QQQ201220C120 = QQQ 2020/12/20 Call $120.

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