will they play well together

» Posted by on Nov 30, 2018 in Announcements, Shop Talk, Uncategorized | 0 comments

will they play well together

 

At 8:00 PM CT Thursday markets are, as expected, pretty quiet as traders just even things up in front of G20. There will be no doubt some kind of knee jerk reactions if anything material leaks out regarding China Trade Talks. Media will be competing to post the “Latest Breaking News” even if it isn’t verified so be cautious. I think it is likely that you’ll hear “we’re making progress with China” and no substantial detail will be conveyed regarding a deal being struck. That in itself will have them selling a nothing story enthusiastically.

Stay safe and trade solid fundamentals and not the “you heard it here first” game. If you have to trade maybe scalp around straddles but personally I would save my bullets. It’s the last business day of the month. Start fresh Monday after the talking heads are finished and cooler heads come in.

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