This week will be a quiet trading week as compared to many other weeks. With little near term headwinds and new economic reports, the current momentum is tilting towards the bullish side.
It makes little sense for institutions to have a huge dump for big cap stocks during this period, unless of course it’s to wipe out options on Friday. With this said, at the most, it only has to go sideways, and that could kill both short-dated call and put options.
 
The broad index S&P500 does stand a...

Will the tone from Jerome Powell set the tone for the stock market from now till year end?
At the moment, the inflation number is getting close to Fed’s 2% target. So if we do not have negative surprise from CPI number on Tuesday, Powell should not sound too hawkish. I mean, he will likely still provide his usual cautious statements, but probably won’t be aggressively hawkish.
From there, it’s really up to how the market interpret what he says.
This week could be key to det...