Market looks weak after a unexpected low number of consumer confidence index and then rallys to the close. Technically if S&P500 break above 1150, market will have a good chance to reach 1200. Emerging market trends higher such as EEM and EWZ. Market prices in that Republican Party will taker over and government will have further quantitative easing. Investors should be cautious that any shift in reality will trigger a sell off.
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Are option traders expecting a major sell off in June? $VIX had been smashed today prior to last 30 minutes of trading and then $SPY puts found a bid. #EAVOL https://t.co/dpBynvQkB7
Market Commentary
Brian Stutland