We had a long weekend this weekend, and that meant the market was closed yesterday. But as the old saying goes…
money never sleeps…
When the market opened this morning it had gapped WAY higher.
If that holds it will make for a strong day.
However, don’t confuse a strong day for a market reversal. These are often referred to as a “bear market bounce.”
As a matter of fact, if we see a lot of selling into this strength the market could easily turn negative quickly.
It’s happened too many times in the last 6 months to get roped into being lax.
This market has a lot of opportunity – however you need to be nimble and ready for quick changes or you can easily get rolled over.
That’s why I am inviting you to become a member of my concierge trading service, Options360.
That way you have someone with 40+ years of experience watching the markets, the headlines, and monitoring all of our positions.
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However, if you are like most people…
You’ll be a member for life!
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To Your Success,
Steve