Friday Focus: 2017 Ending Out at the Highs

Friday Focus for Stock Options Traders at Option Millionaires

S&P500 futures are changing hands at fresh record highs on the last trading day of 2017.   Could the market close out the year any other way than at a new record high?  It will be a fitting end for a year that saw more record highs than any other year since  the great round rock boom that accompanied the invention of the wheel in 3,500 B.C.

Round rocks where a great investment back then, and yes if you dropped one it likely hurt your foot.  It was a tremendous store of value, until every caveman was chiseling round rocks.  Without a Central Bank to buy up all the rocks on the earth, the round rock boom became a big bust.

In 2017 belly's are rounder than ever.  The rich richer than ever.  And yet the central banks remain steadfast at keeping this recovery going.  2017 is the year market participants came to the realization that downside is just a figment of the imagination.... after all 2016 was just fake news....

What Happens When This Myth Bull Market Gets Real?

That fake bull market finally got real this year.

The Bull Market Got Real In 2017


S&P500 futures have broke the right recent trading range this morning, with a sharp move to record highs.

A fitting conclusion to an amazing year for market bulls.

But what will 2018 bring?

Stay tuned!  Have a safe and happy New Year!

Coming Next Week… The Top 5 Stocks/Themes for 2018

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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