May 2015 Core Commentary

Posted at: May 11th - 8:46 AM

Monthly Option Alert

Alert Message

Welcome everyone. The market is pressing up against an all-time high that will need a spark to get over. Today is a favorable market day based on the Almanac and today is a day for a major timing signal to trigger a correction. China cut the interest rates for the third time in 5 months displaying their struggle, Greece is due to pay the IMF 750 million that it may or may not have, so what do we do? I am going to lean on the pop and drop theory. Meaning this market might pop up, set a new high, and begin to fail as it runs out of steam. I will put some plays out that should be bought at the open. Plays will be out by 9:15am et.

 


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