Loading ...The economy, the stocks, and the real estate mkt, have been doing very good for 9 years now. The Trump effect since summer 2016 may be wearing out and or have been, giving a head wind for a natural decline in all three. Plus a friend sent me the note below.
“I follow an options trading website. They have been fairly accurate about describing the moves in the S&P by looking at the implied volatility of the futures. Its all new to me but it is astonishingly accurate. They can only measure the degree of the move up or down. However, the guy that runs this site is totally bearish in his option positions. He said last night he believes the S&P will hit 2575 before the end of the week!! Wow. That would be quite a reversal. And, as I always say, watch the last 30 minutes of market action and trading today. ”