Markets Grind Higher During Options Ex Week

The stock market chopped higher all week but not without whippy volatility along the way. The institutions forced a mostly neutral close on Friday but allowed the market to finish higher for the first 5 day winning streak since the Independence Day week. Currently, there aren’t any shorting opportunities though the market may be getting close. Patience is key, shorting, or even going long too early in this environment is a recipe for disaster.

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About Aaron Basile
Market Technician, Equity/Commodity Trader, Austrian Economist, Contrarian Investor

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