Market Theme – Feast and Famine

July 25, 2022
Author: Peter Stolcers, Founder of OneOption

Traders will feast the next two weeks and then the action will dry up

PRE-OPEN MARKET COMMENTS MONDAY – Feast and famine is the theme for the next few weeks. This week we have the FOMC statement and key earnings releases. Next week earnings season will climax and we will get key economic data points. After the first week in August, the volume will dry up and we will go into a news vacuum. If any market move is NOT accompanied with heavy volume, I would not trust it.

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