Low Inflation Gives Fed Room Posted by Pete Stolcers on August 12 www.oneoption.com This morning the CPI came in at .2% and that is lower than last month’s reading. PRE-OPEN MARKET COMMENTS TUESDAY – This is a relatively quiet news week and CPI was one of the major releases that had the potential to move the market. It came in … Read More

The Only Thing That Can Stop the Rally Posted by Pete Stolcers on August 11 www.oneoption.com The news is fairly light this week and I don’t see any speedbumps ahead. Profit taking is the only thing that can keep a lid on the action. PRE-OPEN MARKET COMMENTS MONDAY – The market has been able to deflect bad news and buyers … Read More

Teflon Market Posted by Pete Stolcers on August 08 www.oneoption.com Weak economic news just slides right off. PRE-OPEN MARKET COMMENTS FRIDAY – A weak jobs report and a drop in ISM Services did not dampen spirits and the market has been able to tread water near the all-time high. The new tariffs will be imposed and Fed officials will be … Read More

Dips Are Revealing Posted by Pete Stolcers on August 07 www.oneoption.com Last week the market dropped after a weak jobs report and buyers stepped in. PRE-OPEN MARKET COMMENTS THURSDAY – When dips are brief and shallow it is a sign that buyers are aggressive. The drop last week was scooped up Monday and the drop Tuesday was scooped up yesterday. … Read More

No Upside Catalysts Posted by Pete Stolcers on August 06 www.oneoption.com In the last few months the market had a bullish news cycle and that has ended. PRE-OPEN MARKET COMMENTS WEDNESDAY – In the last few months the market has benefited from decent economic news, trade deals, the Big Beautiful Bill and strong earnings. Those upside catalysts are gone, but … Read More

Bad News Is Good News Posted by Pete Stolcers on August 05 www.oneoption.com The Fed has breathing room to cut interest rates and the market rebounded from a weak jobs report yesterday. PRE-OPEN MARKET COMMENTS TUESDAY – Last week the market tumbled from an all-time high after a substantial drop in employment. Inflation is relatively tame so the Fed has … Read More

Follow Price Not Headlines Posted by Pete Stolcers on August 04 www.oneoption.com Last week the news cycle was as heavy as ever and it’s still being digested. PRE-OPEN MARKET COMMENTS MONDAY – Mega cap tech earnings, tariffs, monetary policy and major economic data were released last week. Let’s review them all and then look at the technicals. The action was … Read More

Expectations Are High Next Week Posted by Pete Stolcers on July 25 www.oneoption.com Analyst expectations for next week’s economic numbers are optimistic. PRE-OPEN MARKET COMMENTS FRIDAY – The market is preparing for a heavy news cycle next week and we will get hit on every front (earnings, economic and monetary policy). Traders are not going to take any large positions … Read More

First Look At Mega Cap Tech Earnings Posted by Pete Stolcers on July 24 www.oneoption.com After the close Google, IBM and Tesla reported earnings. PRE-OPEN MARKET COMMENTS THURSDAY – This was the first major round of tech earnings and the results were mixed. Google is up after earnings and Tesla and IBM are down. We also heard from TXN on … Read More

Don’t Chase Gaps Up Posted by Pete Stolcers on July 23 www.oneoption.com Our best trading set-up is a pullback on the open. Once it finds support buy strong stocks. PRE-OPEN MARKET COMMENTS TUESDAY – The economic news is light this week and there are not any major earnings announcements after the close today or before the open Wednesday. TXN will … Read More