Full Steam Ahead – New Market High Posted by Pete Stolcers on September 10 www.oneoption.com Oracle provided incredible guidance three years out and the PPI dropped .1%. PRE-OPEN MARKET COMMENTS WEDNESDAY – Last month PPI came in hot and there was a chance that it could remain elevated. That would have provided a headwind for the Fed, but they’ve stated … Read More

Waiting For the PPI Posted by Pete Stolcers on September 09 www.oneoption.com The market has been treading water near the all time high as it waits for a catalyst. PRE-OPEN MARKET COMMENTS TUESDAY – The overnight news is light and international markets are mixed with small moves. The S&P 500 is going to open flat and all eyes will be … Read More

Bull Markets Die Hard Posted by Pete Stolcers on September 08 www.oneoption.com The dismal jobs report last Friday did not spark a massive decline. PRE-OPEN MARKET COMMENTS MONDAY – Last Friday we learned that only 22K new jobs were created in August. This is the fourth consecutive month of employment weakness. The market is focused on the likely rate cut … Read More

How Will the Market React? Posted by Pete Stolcers on September 05 www.oneoption.com The jobs report has been released and to this point the market has not been concerned about recent job losses. PRE-OPEN MARKET COMMENTS FRIDAY – Yesterday the market rallied ahead of the jobs report. It left the impression that regardless of the outcome, stocks were going to … Read More

Job Losses Are Increasing Posted by Pete Stolcers on September 04 www.oneoption.com Today we have more jobs data and they point to weakness. PRE-OPEN MARKET COMMENTS THURSDAY – The market has been trapped in a trading range that is within striking distance of the all-time high. Tuesday the market dropped and yesterday it recovered those losses. Traders are squaring up … Read More

Jobs, Jobs, Jobs Posted by Pete Stolcers on September 03 www.oneoption.com This week we will find out if job growth is stable. PRE-OPEN MARKET COMMENTS WEDNESDAY – Employment is the focal point this week. After the open JOLTs will be released. Tomorrow ADP, Challenger, Gray & Christmas and initial claims will be released and Friday the jobs report will be … Read More

EU Bond Yields Rise Posted by Pete Stolcers on September 02 www.oneoption.com The market is heading into a seasonally bearish period of the year. PRE OPEN MARKET COMMENTS TUESDAY – PRE-OPEN MARKET COMMENTS TUESDAY – Global economic woes concerns are in focus and the S&P 500 is down more than 60 points overnight. France has been in the spotlight recently … Read More

We Like Overnight Dips Posted by Pete Stolcers on August 29 www.oneoption.com The headlines are light and this is our chance to enter well. PRE-OPEN MARKET COMMENTS FRIDAY – Yesterday the market made a new all-time high. Bull markets have a tendency to open on the low and close on the high. That results in green candles on the chart. … Read More

NVDA Won’t Spoil the Mood Posted by Pete Stolcers on August 28 www.oneoption.com The largest market cap stock in the world is treading water after bearing estimates. PRE-OPEN MARKET COMMENTS THURSDAY – Yesterday after the close NVDA posted better than expected results and AI is fueling the demand for chips. Good news was expected and traders were wondering if the … Read More

Nvidia Earnings Today Posted by Pete Stolcers on August 27 www.oneoption.com This tech giant will post results after the close today and it will impact the market. PRE-OPEN MARKET COMMENTS WEDNESDAY – The market is searching for a driver and Nvidia earnings is the biggest news event this week. To put this into perspective, the $4T market cap is larger … Read More