Expecting more of the same!
ECB printing…Yellen not raising…Japan printing…China lowering…England printing…and the beat goes on.
It’s the holiday. It’s the end of year window dressing. It’s central banks. It’s a bull. Case closed!
The V-shaped, central bank induced moves remain unprecedented. Enjoy.
Just one negative note. On top of all the ridiculous IPO froth in biotechland, biotechs hit a decent air pocket yesterday on some news on GILD. This has happened before…only for the group to turn right back up. Just something to watch.
Gild is at the 50ma on Weekly and has very high IV its market is liquid with tight spreads and good volume, thanks I like the short put spread with defined profit and loss.