December 2016 Commentary

Posted at: December 9th - 2:44 PM

Monthly Option Alert

Alert Message

Welcome everyone. Market has been on a tear since the election and could be getting long in the tooth. We have the last Fed meeting of the year next week (Tue and Wed) where they are expected to raise interest rates a quarter of a point. My thoughts are, we will run up to 20,000 on the  DOW early in the week and retreat, as I type we are only 300 points away from that milestone. I will be on the call side this cycle up to the time we hit 20,000 then we may switch around to the put side. I will update the Commentary and plays if necessary. I suggest everyone reads the Pre-Trade analysis, and keep your expectations in the 20-40% range for this month. Plays will be out at 3:30pm et today to be purchased in the final 10 minutes


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