Watch For This During Dull Trading

August 3, 2022
Author: Peter Stolcers, Founder of OneOption

There will be recycled news that triggers market moves in the next few weeks.

PRE-OPEN MARKET COMMENTS WEDNESDAY – My comments are largely unchanged, but I did add a section about trading dull markets. I liked the price action last week and it suggests that the low of the year will hold. That does not mean that we need to load up on bullish positions. I am still expecting some nervous jitters in August/September. Stock buyers can sell out of the money naked puts below technical support on stocks they want to own. This is a very sound strategy at this juncture.

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